Gazprom, SOCAR developing strategic relationships

12/30/2013

Gazprom, SOCAR developing strategic relationships

MOSCOW -- Gazprom hosted a meeting between Alexey Miller, the chairman of the company’s Management Committee, and Rovnag Abdullayev, President of the State Oil Company of the Azerbaijan Republic (SOCAR), on December 26.

The meeting addressed the status of cooperation in the energy sector, particularly focusing on the terms and conditions of natural gas supplies from Azerbaijan to Russia.

At the end of the meeting, the participants emphasized that the partnership between Gazprom and SOCAR was meeting the interests of both companies.

In October 2009 Gazprom and SOCAR signed the Sales and Purchase Contract for Azerbaijani natural gas. Azerbaijani gas has been supplied to Russia since January 1, 2010. In January 2012 Gazprom and SOCAR signed an addendum to the effective Sales and Purchase Contract.

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