...

Natik Aliyev: Growth of prices on the Russian gas made AMOK to increase SOCAR gas supplies

Oil&Gas Materials 28 March 2006 16:16 (UTC +04:00)

5, 5 billion m2 of gas was expected to be purchased from Russia this year, but due to the increased prices Azerbaijan could purchase only 4, 5 billion m2 of Russian gas, Azerbaijani Minister of Industry and Energy, Natik Aliyev told Trend.

A decision was taken due to this fact to step up the accompanying gas supplies from Azeri field by the State Oil Company (SOCAR) from 1,4 billion m2 to 3 billion m2. This gas has to be inserted into the oilfield layer to keep the layer pressure in norm.

AMOK in its turn started negotiations to sign a contract for the deep laying free gas extraction from Azeri-Chiraq-Guneshli field. The talks are supervised by the SOCAR, Aliyev said.

Latest

Latest