Gazprom ready to buy all of Azerbaijan's gas - CEO Miller
Russian gas giant Gazprom is prepared to purchase all of
Azerbaijan's gas volume, the company's CEO reportedly announced on
Saturday, reiterating Gazprom’s earlier proposal.
"We are ready to buy as much [gas] as Azerbaijan is ready to deliver. We are ready to buy all of Azerbaijan's gas," Alexei Miller said at a press conference on the sidelines of the International Economic Forum in St. Petersburg, Russian RIA Novosti news agency reported.
Miller added that buying gas from Azerbaijan was "beneficial."
Deliveries of Azerbaijani gas began on January 1 of this year after Azerbaijan’s state energy firm SOCAR signed a contract with Gazprom in October 2009 to deliver 500 million cubic meters of gas annually until 2015, with the option of renewing the contract in the future.
Later the companies agreed to double gas deliveries to Russia, bringing the total amount of gas deliveries from Azerbaijan to 1 billion cubic meters. The companies will again double that amount to 2 million cubic meters in 2011.
Azerbaijan's gas reaches Russia through its Baku-Novo-Filya gas pipeline along the Caspian Sea to Russia's North Caucasus republics. *
"We are ready to buy as much [gas] as Azerbaijan is ready to deliver. We are ready to buy all of Azerbaijan's gas," Alexei Miller said at a press conference on the sidelines of the International Economic Forum in St. Petersburg, Russian RIA Novosti news agency reported.
Miller added that buying gas from Azerbaijan was "beneficial."
Deliveries of Azerbaijani gas began on January 1 of this year after Azerbaijan’s state energy firm SOCAR signed a contract with Gazprom in October 2009 to deliver 500 million cubic meters of gas annually until 2015, with the option of renewing the contract in the future.
Later the companies agreed to double gas deliveries to Russia, bringing the total amount of gas deliveries from Azerbaijan to 1 billion cubic meters. The companies will again double that amount to 2 million cubic meters in 2011.
Azerbaijan's gas reaches Russia through its Baku-Novo-Filya gas pipeline along the Caspian Sea to Russia's North Caucasus republics. *
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