SOCAR Comments on Contract with Gazprom Export on Gas Transit to Armenia
Baku/17.03.21/Turan: “In view of the repair work on the North Caucasus - Transcaucasia gas pipeline, the Russian side turned to Azerbaijan with a request for the transit of Russian gas to the territory of Georgia. The request was granted, and Russian gas will be temporarily supplied through Azerbaijan to the territory of Georgia for the corresponding transit payment, starting from March 17,” Ibrahim Ahmedov, spokesman for SOCAR, told Turan, commenting on messages on the temporary transportation of Russian gas to Armenia through the territory of Azerbaijan.
He refrained from commenting on the size of the transit payment and the volume of supplies, stressing that the gas goes exactly in the direction of Georgia.
Note that on March 16 Gazprom Export signed a short-term (approximately 3 weeks) contract with SOCAR for the transportation of Russian gas through the territory of Azerbaijan.
"During the scheduled preventive maintenance work on the North Caucasus - Transcaucasia gas pipeline, Russian gas will be supplied to consumers through the territory of Azerbaijan," the Russian supplier said.
In 2020, Gazprom supplied 2.209 billion cubic meters of gas to Armenia. In January 2021 supplies increased by 9% - up to 310 million cubic meters. -0-
Energy
-
The Kremlin has declined to predict the developments surrounding a possible deal between European companies and Azerbaijan for gas exports through Ukraine’s gas transportation system, noting Ukraine's refusal to extend its transit contract with Russia.
-
The Saudi company ACWA Power has allocated $238 million for the construction of the "Khızı-Abşeron" wind power plant (WPP) with a capacity of 240 MW near Baku. According to the Middle Eastern publication “Gulf Business,” the power plant is expected to be fully operational in the first half of 2026.
-
A gas trading center as part of the international gas hub project will be opened in Istanbul in 2025, said Türkiye's Minister of Energy and Natural Resources Alparslan Bayraktar in an interview with the “Milliyet” newspaper. "In 2025, we will create a robust infrastructure that, in partnership with “Botas” and “Gazprom”, will manage a trading platform in the Istanbul Financial Center.
-
From January to October 2024, Russia boosted its pipeline gas exports to Europe by more than 15%, reaching 26.52 bcm, TASS reported based on daily data from Gazprom on transit through Ukraine and the European Network of Transmission System Operators for Gas (ENTSOG).
Leave a review