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Azerbaijan restores gas supply to Russia

Oil&Gas Materials 15 March 2012 16:38 (UTC +04:00)
SOCAR has restored the gas supply to Russia, a company source told Trend today.
Azerbaijan restores gas supply to Russia

Azerbaijan, Baku, March 15 / Trend E. Ismayilov /

SOCAR has restored the gas supply to Russia, a company source told Trend today.

He said all the technical work was completed to regulate pressure in the network. This allowed restoring gas export from Azerbaijan to Russia.

"Gas exports to Russia were restored at night," SOCAR said. "At present, there are no problems with gas supply."

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 planned volume 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.

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