Azerbaijan may launch gas exports to Russia on swap deals

Azerbaijan may launch gas exports to Russia on swap deals
# 23 December 2008 13:21 (UTC +04:00)
According him, begun preliminary talks are under way on the establishment of short-term relations envisions exporting natural gas from Azerbaijan to Dagestan on swap contracts.
“So far, there is no talk of the specific volume of natural gas or technical issues,” he added.
He added that SOCAR and Gazprom will hold another round of negotiations in January on long-term cooperation and possible relations in 2009.
“The talks will consist of two parts - long-term and short-term joint operations. The long-term transactions include the purchase of gas Phase II of Shah Deniz and the short-term expectation is gas supply through swap deals,” he noted.
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THE OPERATION IS BEING PERFORMED