Azerbaijan to Supply Iran with Gas.Summary: TEHRAN Tehran or Teheran (both: tā'ərän`, –răn`), city (1991 pop. 6,475,527), capital of Iran and Tehran prov., N Iran, near Mt. Damavand. (FNA)- Tehran and Baku have signed a memorandum of mutual understanding on Azerbaijani gas supplies to Iran beginning from 2010. "More than 500 million cubic meters of gas per year are planned to be supplied within the memorandum with an opportunity to increase supplies," said the head of the State Oil Company of Azerbaijan (SOCAR), Rovnag Abdullayev. The MoU was signed between SOCAR and Iran's National Gas Company, he was quoted by press tv as saying, adding that the volume of gas transferred would depend on the state of gas infrastructure connecting the two countries at the initial stage. The contract to supply gas to Iran is expected to be officially signed by late 2009, Abdullayev said. Azerbaijan currently exports gas to Turkey and Georgia Georgia, country, Asia Georgia (jôr`jə), Georgian Sakartvelo, Rus. Gruziya, officially Republic of Georgia, republic (2005 est. pop. 4,677,000), c.26,900 sq mi (69,700 sq km), in W Transcaucasia. but Baku owns the necessary infrastructure to export its gas to Iran and Russia as well. Azerbaijan and Iran are connected via the Kazi-Magomed-Astara gas pipeline which has the capacity to transfer 10 billion cubic meters of gas per year. 2006 Fars News Agency Fars News Agency (FNA) is an Iranian news agency. It was officially launched in Tehran in February 2002 to "promote the principles of the Islamic Revolution and safeguard national interests". . All rights reserved Provided by Syndigate.info an Albawaba.com company |
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