Gazprom to double gas take from Azerbaijan

Sept. 9, 2010
OAO Gazprom of Russia and SOCAR, Azerbaijan’s state oil company, have signed an agreement doubling Azerbaijan’s exports of natural gas to Russia.

By OGJ editors
HOUSTON, Sept. 9
-- OAO Gazprom of Russia and SOCAR, Azerbaijan’s state oil company, have signed an agreement doubling Azerbaijan’s exports of natural gas to Russia.

The companies signed an agreement last October for exports of as much as 1 billion cu m/year. Under the new agreement, Gazprom will take as much as 2 billion cu m/year in 2011 and more than that volume in 2012.