SOCAR and GazProm signed contract on Azeri gas supply to Russia

October 14, 2009 - 21:37 AMT
PanARMENIAN.Net - Contract signing ceremony between State Oil Company of Azerbaijan (SOCAR) and GazProm Russian Company took place at SOCAR office. The contract stipulates for supply of 0,5 cubic meters of gas to GazProm in 2010.



Gas price was not specified, yet, will be calculated with special formula, as was announced at the ceremony.



The contract was signed by SOCAR President Rovnag Abdullayev on Azerbaijan's side and GazProm CEO Alexey Miller on Russia's side, novosti.az reported.
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