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Azerbaijan gas to Iran and Russia

Azerbaijan gas to Iran and Russia
Azerbaijan plans to start shipping natural gas to Iran and Russia next month.

Azerbaijan plans to start shipping natural gas to Iran and Russia next month.

Azerbaijan plans to start shipping natural gas to Iran and Russia next month as the Caspian Sea nation expands exports and studies investing in projects abroad. State Oil Co. of Azerbaijan, or Socar, will supply as much as 1 billion cubic meters of gas to Moscow-based OAO Gazprom and as much as 500 million cubic meters to Iran next year, Vice President Elshad Nassirov said today in London.

Socar also plans to boost its presence in Georgia and Turkey and may invest in central and western Europe.

www.TurkishMaritime.com.tr

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