Iran seeks to buy 5bn cu m of Azeri gas
Iran intends to purchase about 5 billion cubic meters of gas from
Azerbaijan, Iranian Ambassador to Azerbaijan Mohammad Bagir Bahrami
told journalists Monday.
"At present, the sides are mulling the volume of gas to be delivered from Azerbaijan to Iran in accordance with the existing agreement," Bahrami said.
In mid-November, Azerbaijan’s state energy firm SOCAR and the National Iranian Gas Company (NIGC) signed a memorandum on Azerbaijani gas supplies to the neighboring country beginning in 2010. A contract on gas exports is expected to be signed by the end of 2009.
Currently, the infrastructure allows to deliver about 500 million cubic meters of gas per year. In the future, the parties intend to expand capacity by increasing the capacity of compressor stations. The gas price has not been specified.
Azerbaijan has four directions of gas export - Turkey, Georgia, Russia and Iran. At present, gas is being transported to Turkey and Georgia. Azerbaijani gas will be exported to Russia from early 2010. At present, Azerbaijan exports gas upon swap conditions with further transfer of Iranian gas to provide the Nakhchivan Autonomous Republic.
Azerbaijan and Iran are connected with the 1,474 kilometer Gazi-Muhammad-Astara (Azerbaijan)-Bind-Biand (Iran) pipeline that has annual capacity of 10 billion cubic meters. The Azerbaijan section of the conduit is 296 km long.*
"At present, the sides are mulling the volume of gas to be delivered from Azerbaijan to Iran in accordance with the existing agreement," Bahrami said.
In mid-November, Azerbaijan’s state energy firm SOCAR and the National Iranian Gas Company (NIGC) signed a memorandum on Azerbaijani gas supplies to the neighboring country beginning in 2010. A contract on gas exports is expected to be signed by the end of 2009.
Currently, the infrastructure allows to deliver about 500 million cubic meters of gas per year. In the future, the parties intend to expand capacity by increasing the capacity of compressor stations. The gas price has not been specified.
Azerbaijan has four directions of gas export - Turkey, Georgia, Russia and Iran. At present, gas is being transported to Turkey and Georgia. Azerbaijani gas will be exported to Russia from early 2010. At present, Azerbaijan exports gas upon swap conditions with further transfer of Iranian gas to provide the Nakhchivan Autonomous Republic.
Azerbaijan and Iran are connected with the 1,474 kilometer Gazi-Muhammad-Astara (Azerbaijan)-Bind-Biand (Iran) pipeline that has annual capacity of 10 billion cubic meters. The Azerbaijan section of the conduit is 296 km long.*
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