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Azerbaijan Won't Buy Russian Gas

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  • Azerbaijan Won't Buy Russian Gas

    AZERBAIJAN WON'T BUY RUSSIAN GAS

    PanARMENIAN.Net
    27.12.2006 14:16 GMT+04:00

    /PanARMENIAN.Net/ Azerbaijan's giving no answer to Gazprom in
    negotiations on Russian gas imports to Azerbaijan means refusing
    Russian gas supplies," Azerbaijani Industry and Energy Minister Natig
    Aliyev said. In his words, bilateral talks between Azerbaijani and
    Russian energy officials held in Moscow proved fruitless. "As per
    the current agreement, Azerbaijan can import Russian gas till January
    1. I personally think that the Azeri government will not buy Russian
    gas. As for alternative variants Azerbaijan holds no talks with Iran
    on the issue at present," Aliyev said.

    Gazprom announced that Russia will draw the balance of supplies for
    the next year without taking Azerbaijan into account. Gazprom's
    representatives said they will circulate 1.5 billion cu m of gas
    between Russian and European consumers. Besides, Azerbaijan is going
    to use extra gas for export what is inexpedient for the gas giant.

    In 2006 Azerbaijan imported 4.5 billion cu m of gas at the price of
    $110 for thousand cu m. In 2007 the Russian side intends to raise
    the price up to $235, reports APA.
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