Azerbaijan, Russia agree on swap gas supplies from Oct

17:00 | 17.09.2015
Azerbaijan, Russia agree on swap gas supplies from Oct

Azerbaijan, Russia agree on swap gas supplies from Oct

Azeri state energy firm SOCAR and Russia's gas monopoly Gazprom agreed on swap gas supplies amounting to 10 million cubic metres from October, SOCAR President Rovnag Abdullayev said on Thursday.

"We are now working on some technical issues. Supplies will start from October," Abdullayev told reporters.

He said gas from Russia would be stored until next year, when it would be delivered to Russia's southern regions.

Gas storages in Azerbaijan have a capacity of six billion cubic metres.

Abdullayev said Azerbaijan was holding talks over gas swaps with Iran as well.


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