SOCAR source says volumes of Azerbaijani gas supply to Russia for 2013 set
Azerbaijani energy oil firm SOCAR will supply three billion cubic meters of gas to Russia this year, a source at the company told Trend news agency on Monday.
"Volumes for 2013 will be similar to those anticipated for 2012," the source said.
The source said the Russian side decided to receive only 1.5 billion cubic meters of gas out of three billion cubic meters in 2012 which was to be supplied from Azerbaijan to Russia.
The contract, with a possibility of extension for purchase and sale of Azerbaijani gas was signed between SOCAR and Russian oil giant Gazprom in Baku on Oct.14, 2009.
According to the contract's supplement which was signed in early September 2010 in Baku, in 2011, Gazprom was to receive two billion cubic meters and in 2012 over two billion cubic meters of gas.
However, Russia did not get the full amount of the planned volume. The additional agreement to double the volume of gas purchased by Russia from 1.5 to three billion cubic meters was signed by the parties in Sochi on Jan.24, 2012.
Azerbaijani gas supplies to Russia began on Jan.1, 2010.