SOCAR expects to buy 3-5 bcm of gas from Gazprom per year
13.05.2016 10:30
The State Oil Company of the Azerbaijani Republic (SOCAR) plans to buy 3 billion to 5 billion cubic meters (bcm) of gas a year from Russia's Gazprom (MOEX: GAZP), SOCAR President Rovnag Abdullaev told journalists on Wednesday.
"We presented our proposals to the Russian company and we are waiting for their reply. We are talking about a purchase of 3 billion to 5 billion cubic meters of gas per year. The ball is in their court," Abdullaev said in response to a question from Interfax.
He said the majority of Russian gas imports will be pumped into underground gas storage facilities in Azerbaijan in order to verify their maximum storage capacity.
www.ann.az
"We presented our proposals to the Russian company and we are waiting for their reply. We are talking about a purchase of 3 billion to 5 billion cubic meters of gas per year. The ball is in their court," Abdullaev said in response to a question from Interfax.
He said the majority of Russian gas imports will be pumped into underground gas storage facilities in Azerbaijan in order to verify their maximum storage capacity.
www.ann.az
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