Top News

01.02.2016 17:38

SOCAR ready to import Russian gas for national electric operator Azerenerji

The State Oil Company of Azerbaijan (SOCAR) is ready to begin purchases of Russian gas already this year for needs of the national power generating operator Azerenerji OJSC.

SOCAR vice president Elshad Nasirov says that such an arrangement has not been signed so far.

"But if the Azerbaijani government makes such a decision, SOCAR is ready to provide the necessary infrastructure for gas delivery not for SOCAR but for gas shortage experiencing Azerenerji OJSC,” Nasirov said.

He also noted that the gas for Azerbaijan Methanol Company (AzMeCo) was also imported from Russia by AzMeCo itself.

In turn, Russian monopoly Gazprom has claimed of readiness to increase gas supplies to Azerbaijan. At that, Gazprom’s export prices are higher than internal prices for gas in Azerbaijan.

all news