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SOCAR announces gas export volumes to Russia for 2013

Oil&Gas Materials 28 January 2014 17:22 (UTC +04:00)

Baku, Azerbaijan, Jan. 28

By Emil Ismayilov - Trend:

SOCAR exported over 1.3 billion cubic meters of gas to Russia in 2013, a source in SOCAR told Trend on Monday.

Azerbaijani gas is supplied to Russia on the basis of the contract on the purchase and sale of Azerbaijani gas with a possibility of extension. The deal was signed between SOCAR and Gazprom in Baku on October 14, 2009.

"Gas was successfully exported to Russia in 2013," a source said. "Some 1.37 billion cubic meters of gas were exported to the country."

SOCAR head Rovnag Abdullayev said earlier that gas supplies from Azerbaijan to Russia will amount to about 1.5 billion cubic meters in 2014.

Gazprom was to receive two billion cubic meters in 2011 and over two billion cubic meters of gas in 2012 according to a supplement to the contract signed in Baku in early September 2010. However, as of 2012, the Russians did not get the full amount of the planned volume.

The additional agreement on doubling the volume of Azerbaijani gas purchased by Russia (from 1.5 to 3 billion cubic meters) was signed by both sides in Sochi on January 24, 2012.

Translated by NH
Edited by CN

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