Trend: SOCAR Names Conditions for Russian Gas Supply to Azerbaijan

Russian gas supply to Azerbaijan depends on its price, a source in the State Oil Company of Azerbaijan told Trend Nov.5.

Earlier, Azerbaijan Methanol Company (AzMeCo) signed a contract with Russian Gazprom for gas supply to the methanol plant, but had to suspend it, since it was unprofitable, according to the source.

“For this reason and taking into account the ongoing processes on world markets, we are considering how will the Russian gas supply be beneficial for us,” said the source.

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