Following the  AzMeCo the  Azerenerji  also decided to import Russian gas

SOCAR is ready to assist "Azerenergy" in the purchase of gas from Russian "Gazprom", told reporters the vice-president of marketing and investments Elshad Nasirov. "There is not yet  agreements with Russia on gas purchase . Import of gas is assumed not for  SOCAR,  but for  "Azerenergy" which does not have  enough gas. SOCAR is ready to help  in the purchase, and to provide its infrastructure, " said Nasirov. According to him, the purchase of gas for the "Azerenergy" will be possible in 2016, "if the government  gives such an instruction,  and if the agreement with any supplier of gas." He did not specifies  the possible volume of imports.

 In 2015 "Azerenergy"  used for power generation in  its thermal electric stations  315.600  tons of fuel oil. It is not clear why this year   it does not want to use  the cheapest fuel oil (cost of 100 AZN at the current rate of $63) and prefers the imported  Russian gas which is by three times more expensive.

On  September 28, 2015 the Azerbaijani methanol plant AzMeCo began to import  the Russian gas due  to lack of raw materials in the country. SOCAR has assisted in the transportation of Russian gas. On October 20 imports of the  Russian gas stopped. AzMeCo  explained by the fact that the price of Russian gas does not allow to produce competitive products. According to Turan, the Azerbaijani company imported only 100 million cubic meters of gas at $190 per 1,000  cubic meters. -12C--

Leave a review

Economics

Follow us on social networks

News Line