Russia increasing Azeri gas import
By Messenger Staff
Monday, September 6On September 3, 2010 Azerbaijan and Russia signed an agreement to increase the amount of Azeri gas bought by Russia for 2011-12. Russian and Azeri presidents Dmitry Medvedev and Ilham Aliyev attended the signing ceremony. According to this agreement in 2011 Russia will purchase up to 2 billion cubic metres of natural gas from Azerbaijan. GasProm head Alexey Miller stated that Azerbaijan is prepared to increase the gas supply further. “The contract that has been signed is a unique document; it does not fix an upper limit for the sales volume… the signed document envisages two increases bringing the total in 2012 to more than 2 billion cubic metres," stated Miller. Ilham Aliyev told the Russian president that there is the capacity to further increase Azeri natural gas exports to Russia.