Middle East Economic Survey


No 3



Azerbaijan Plans Gas Production Boost, More Exports In 2010

Rovnag Abdullayev, President of the State Oil Company of the Azerbaijan Republic (Socar) said in Baku on 13 January that Azerbaijan would increase its natural gas production to 27 bcm in 2010, compared to 25 bcm in 2009, and that it would export 8 bcm during the year. Out of the total volume, from 500mn to 1.5 bcm will be supplied to Iran, from 500mn to 1.0 bcm to Russia, and...