Middle East Economic Survey

VOL. LIV

No 6

7-Feb-2011

CASPIAN

Azerbaijan To Sell Gas Directly To Greece

Azerbaijans Minister of Energy Natiq Aliyev announced in Baku on 2 February that Greece and Azerbaijan have decided to modify the terms of a 2007 gas supply agreement that covers the delivery of around 0.7 bcm/year of Azeri gas to Greece via the Interconnector Turkey-Greece (ITG) pipeline. We decided to sell the gas to Greece directly from Azerbaijan, Mr Aliyev said, adding that a gas...