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Sunday, 23 October 2016


Syria interested in Azerbaijani gas

2010-12-27 15:09

11815.jpegAccording to President of the State Oil Company of Azerbaijan Rovnag Abdullayev, the republic is going to twice increase the volume of gas supply to Syria, reports.


"Azerbaijan will annually export to Syria one billion cubic meters of gas, which figure will be increased twice since 2015".

Let us remind you that this year, Azerbaijan and Turkey have signed agreements on the supplies of Azerbaijani gas to be produced at the second stage of the development of the Shakhdeniz Caspian gas field to Turkey and Europe, as well as on its transit to Europe through Turkey.

Azerbaijan and Turkey have held over 15 rounds of negotiations since spring 2008 on the prices of the Azerbaijani gas supplied to Turkey from Shakhdeniz gas field and its volumes, as well as the gas transit to Europe through the Turkish territory. Realization of Nabucco, ITGI (Turkey-Greece-Italy), TAP (Transadriatic gas pipeline) gas pipeline projects depends strongly on these decisions. These pipelines are supposed to deliver the gas produced in the Caspian Sea region to European countries.

Nabucco project implies transporting natural gas from the Caspian Sea region to European countries bypassing Russia via Azerbaijan, Georgia, Turkey, Bulgaria, Hungary, Romania and Austria. It is designed for the daily transportation of 31 billion cubic meters of gas, which will make no more than 5 percent of EU's gas demand in 2020.

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