| Gazprom doubling Azerbaijani gas purchase |
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24/01/2012 03:55 (127 Day 10:50 minutes ago) | |||||
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The FINANCIAL -- In Krasnaya Polyana Alexey Miller, Chairman of the Gazprom Management Committee and Rovnag Abdullayev, President of the State Oil Company of Azerbaijan Republic signed in the presence of Russian President Dmitry Medvedev and Azerbaijani President Ilkham Aliev an addendum to the effective purchase and sale contract for the Azerbaijani natural gas, according to Gazprom.
Pursuant to the addendum, the annual amount of gas purchase from Azerbaijan will rise from 1.5 to 3 billion cubic meters in 2012 and will surpass 3 billion cubic meters starting from 2013.
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