Gazprom, SOCAR heads meet in Moscow
MOSCOW – Russian Gazprom hosted a working meeting of company's chairman Alexey Miller and the President of Azerbaijani state oil company SOCAR Rovnag Abdullayev on Monday, Gazprom said in a statement.
"The sides discussed bilateral cooperation in energy field. The activities of Gazprom and SOCAR on gas supplies from Azerbaijan to Russia were appreciated," the statement said.
It was noted that the development of partnership of companies is one of the strategically important areas of cooperation between the two countries in the long-term period.
Medium-term contract (with possibility of extension) for the sale of Azerbaijani gas to Russia was signed between SOCAR and Gazprom in Baku on Oct. 14, 2009. According to the supplement to the contract signed in early September 2010 in Baku, Gazprom will receive two billion cubic meters of gas this year.
Supplies of Azerbaijani gas to Russia began from Jan. 1, 2010. Under the contract, SOCAR exported about 800 million cubic meters of gas to Russia in 2010.
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