Azerbaijan to resume gas supplies to Russia soon

Oil&Gas Materials 13 March 2012 17:03 (UTC +04:00)

Azerbaijan, Baku, March 13 / Trend, E.Ismayilov /

In the near future, the State Oil Company of Azerbaijan (SOCAR) will resume gas supplies to Russia, a government source told Trend on Tuesday.

"Gas supplies were suspended due to repair work and will be resumed soon," the source said.

He said gas supplies to other export destinations are carried out in normal mode. In particular, approximately 12 million cubic meters of gas per day is supplied to Turkey, while about 5 million cubic meters to Georgia.

SOCAR and Gazprom signed a contract on Azerbaijani gas sales on Oct. 14, 2009. According to an addendum to the contract signed in early September 2010, Gazprom will get 2 billion cubic meters in 2011 and over 2 billion in 2012. However, the Russian side did not get the full amount of planned volumes last year.

The additional agreement to twice increase (from 1.5 up to 3 billion cubic meters) the volume of gas purchased by Russia was signed by the parties in Sochi on Jan.24, 2012.

Azerbaijani gas supplies to Russia started from Jan. 1, 2010.