Middle East Economic Survey

VOL. LIV

No 15

8-Apr-2011

IRAN

Iran And Azerbaijan Still Negotiating Price For Iranian Gas Imports

Rovnag Abdullayev, president of Azeri state firm Socar, told reporters on 2 April that while a new compressor station had been completed in the Azeri border town of Astara, talks on the pricing formula that will govern the expansion of Azeri gas exports to Iran are still ongoing. On 12 January Socar and the National Iranian Gas Export Company (NIGEC) signed a...