Middle East Economic Survey

VOL. LIII

No 3

18-Jan-2010

CASPIAN

Azerbaijan And Iran Finalize Short-Term Gas Export Agreement

Socar President Rovnag Abdullayev and Reza Kasaizadeh, Managing Director of the National Iranian Gas Export Company (NIGEC), signed an agreement in Baku on 13 January for the delivery of up to 0.5 bcm of Azeri gas to Iran this year. Mr Abdullayev told reporters after the signing ceremony: Azerbaijans existing Iran-bound gas pipelines and compressor station in Astara do not...