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Azerbaijani gas supplies to Russia increase

Oil&Gas Materials 19 October 2012 15:18 (UTC +04:00)

Azerbaijan, Baku, Oct. 19 / Trend, E. Ismayilov /

As of October 19, SOCAR daily exports of 5.2 million cubic meters of gas to Russia have risen compared to 4.6 million cubic meters as of September 25, a source in SOCAR told Trend on Friday.

"Azerbaijani gas is supplied to Russia in the normal way," a source said. "At present, the daily indices reach 5.2 million cubic meters."

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

Azerbaijan gas is supplied to Russia upon a contract signed by SOCAR and Gazprom on Oct. 14, 2009. According to an addendum to the contract signed in Baku in early September 2010, Gazprom was to get two billion cubic meters in 2011 and over two billion in 2012. However, the Russian side did not get the full amount of planned volumes last year.

The additional agreement to increase the volume of Azerbaijani gas purchased by Russia from 1.5 to three billion cubic meters, was signed by the parties in Sochi on January 24 this year.

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