Azerbaijan Ready to Export Gas to Iran - SOCAR President

Azerbaijan Ready to Export Gas to Iran - SOCAR President
News.az
Τρι, 8 Νοεμβρίου 2011 - 16:40
Azerbaijan is ready to export gas to Iran, president of the State Oil Company of Azerbaijan Republic (SOCAR) Rovnag Abdullayev said.
Azerbaijan is ready to export gas to Iran, president of the State Oil Company of Azerbaijan Republic (SOCAR) Rovnag Abdullayev said.

He said there was a gas deal between the two countries, but Azerbaijan has not started gas export yet. 'Azerbaijan is ready to export gas when Iranian side requests'.

Abdullayev noted that Azerbaijan considers export of 2 billion cubic meters of natural gas to Russia next year, same volume with this year’s export.

Azerbaijan exports 400 million cubic meters of natural gas to Iran per year to meet gas needs of Nakhchivan Autonomous Republic of Azerbaijan.

According to the last gas deal reached between Azerbaijan and Turkey, construction of new gas pipeline or extension of current infrastructure will not have an impact on Nabucco project, president of the State Oil Company of Azerbaijan Republic Rovnag Abdullayev said.

'Nabucco is more global project considering 30 billion cubic meters output. It will transport not only Azerbaijani, but also Turkmen and Iraqi gas', Abdullayev noted.

He said technical-economic substantiation of the new pipeline would be prepared within a year and after that they would make corresponding decision: “If sustention is normal, a new gas pipeline will be constructed from Azerbaijan to Turkey and Shah Deniz gas will be delivered to the European market via Turkey”.

SOCAR president said main goal is to deliver gas to the European markets with high price. “Economic calculations will show what ways will be used for this”.

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