SOCAR announces gas export volumes for 2012
Azerbaijan, Baku, April 12 / Trend, E.Ismayilov /
In 2012, the State Oil Company of Azerbaijan (SOCAR) plans to export 4 billion cubic meters of its own gas, SOCAR representative told Trend on Thursday.
He said 3 billion cubic meters of total volume of gas, which SOCAR plans to export this year, will account for Russia, and 800 million cubic meters more is envisaged to be supplied to Georgia.
"Gas is supplied in normal mode and in accordance with the schedule," SOCAR representative said.
The contract on the purchase-sale of Azerbaijani gas to Russia (with the possibility of an extension) was signed between SOCAR and Gazprom in Baku on Oct. 14, 2009. According to an addendum to the contract signed in early September 2010, Gazprom was supposed to get 2 billion cubic meters in 2011, and over 2 billion in 2012.
An additional agreement to double the volume of gas purchased by Russia, from 1.5 to 3 billion cubic meters was signed by the parties in Sochi on Jan. 24, 2012. Azerbaijani gas supplies to Russia started from Jan. 1, 2010.
SOCAR supplies its own gas to Georgia within its activity on the Georgian market via a pipeline linking the two countries in the Gazakh region of Azerbaijan. The pumping capacity through the pipeline is about 3 billion cubic meters of gas per year.