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Gazprom and SOCAR discuss gas supplies to Azerbaijan

October 15/ 10:04

St. Petersburg. A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Rovnag Abdullayev, President of the State Oil Company of the Azerbaijan Republic (SOCAR), took place in St. Petersburg.

The meeting was focused on gas supplies to Azerbaijan. It was noted that Gazprom’s deliveries to the country in the period between November 22, 2017, when the Company resumed gas supplies to Azerbaijan, and the present day totaled 1.15 billion cubic meters. The parties discussed the prospects of cooperation in that area.

Background

SOCAR is Azerbaijan's largest state-owned petroleum company engaged in oil, natural gas and gas condensate exploration, production, processing, transportation and sales.

In October 2009, Gazprom Export and SOCAR signed a medium-term contract for natural gas deliveries from Azerbaijan in 2010–2015 via the Shirvanovka custody transfer point on the border of Russia and Azerbaijan. The overall amount of gas purchased from Azerbaijan in 2010–2015 was 5.4 billion cubic meters.

In 2015, Gazprom Schweiz, a subsidiary of Gazprom Export, supplied gas to Azerbaijan Methanol Company (AzMeCo). A total of 107.4 million cubic meters of gas was delivered under the contract.

On November 21, 2017, Gazprom Export and SOCAR signed a contract on gas supplies to the Republic of Azerbaijan.

 

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