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-0.37

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BRENT

-64.68

AI-92 42.38

0

AI-95 46.11

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AI-98 51.86

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Diesel 46.16

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93

Russia reveals volume of Azerbaijan's gas import

In the Q1 of 2018 Gazprom supplied 797 million cubic meters of gas to Azerbaijan, according to a quarterly report of Gazprom.

Russia reveals volume of Azerbaijan's gas import Russia reveals volume of Azerbaijan's gas import


Baku, May 16 - Neftegaz.RU. According to Azerbaijan’s Trend, in the 1st quarter of 2018, Russia’s Gazprom supplied 797 million cubic meters of gas to Azerbaijan.

 

In 2017, Azerbaijan imported 349 million cubic meters of Russian gas. Previously, Gazprom Export and Azerbaijan’s SOCAR agreed on resuming natural gas deliveries to Azerbaijan.

 

The relevant contract was signed in Moscow on November 21, 2017. The deliveries will be carried out starting from November 22, 2017. Under the contract, it is planned to deliver 1.6 billion cubic meters of Russian gas to Azerbaijani market in general.

 

SOCAR reported that the gas will be pumped into underground gas storages for its further use in processing, or for domestic needs. If there is a need, some volumes can be directed for export. These supplies will also allow SOCAR to check the capacity of its underground gas storage facilities.

 

Earlier, Gazprom’s Board of Directors decided to open a representative office in Azerbaijan. There are 2 gas storage facilities – Kalmaz and Garadagh – in Azerbaijan. Capacity of Azerbaijan’s underground gas storage facilities allow to store more than 3.5 billion cubic meters of gas.

 

In October 2009, Gazprom Export and SOCAR signed a medium-term contract to deliver gas from Azerbaijan in 2010-2015 through the Shirvanovka point at the Russian-Azerbaijani border. During the period, 5.4 billion cubic meters of Azerbaijani gas were bought.

 

In 2015, a subsidiary of Gazprom Export , Gazprom Schweiz, carried out deliveries to Azerbaijan Methanol Company (AzMeCo). Under the contract, 107.4 billion cubic meters of gas were delivered.

 

Source : Neftegaz.RU