Middle East Economic Survey

VOL. LIII

No 4

25-Jan-2010

IRAN

NIGEC Pursues Long Term Gas Imports From Azerbaijan

Reza Kasaizadeh, Managing Director of the National Iranian Gas Export Company (NIGEC), told reporters on 20 January that the company is looking to finalize by the end of March a long term gas supply contract with Azerbaijans state firm Socar. The contract will cover the supply of 5mn cmd or 1.8 bcm/year of gas to Iran. MEES understands that this agreement would be separate from the...