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Gazprom and SOCAR address cooperation issues

Release

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Rovnag Abdullayev, President of the State Oil Company of the Azerbaijan Republic (SOCAR), took place in St. Petersburg today.

The parties discussed cooperation issues, paying attention to, among other things, natural gas supplies to Azerbaijan.

Background

SOCAR is Azerbaijan's largest state-owned petroleum company engaged in oil, natural gas and gas condensate exploration, production, processing, transportation and sales.

On September 11, 2015, Gazprom Export and Azerbaijan Methanol Company (AzMeCo) signed a mid-term Sales and Purchase Agreement for up to 2 billion cubic meters of gas annually.

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