Bank Of Baku

Azerbaijan to increase gas export to Russia gradually

Azerbaijan to increase gas export to Russia gradually
# 24 September 2010 07:57 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Azerbaijan will increase the gas export to Russia gradually, SOCAR Vice-President Khoshbakht Yusifzadeh informed.

According to him 4th appendix was signed to the contract on the gas transaction between SOCAR and Russian Gazprom. The contract means to increase the volume of blue fuel selling to Russia. Thus, gas exported to Russia will doubled to 2 bcm in 2011. “At the same time, the volume of gas will be increased a little in 2012.”
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