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Azerbaijan intends to increase gas supply to Russia

By Messenger Staff
Monday, May 4
Azerbaijani state oil corporation SOCAR recently announced that the country is ready to provide Russia with seven billion cubic metres of natural gas annually. In return, Russian state-owned oil giant Gasprom expressed its readiness to buy more gas from Azerbaijan.

Meanwhile Azerbaijan is continuing its negotiations with Turkey on the construction of the TANAP trans-Anatolian oil pipeline which could transport 16 billion cubic metres of gas annually.