VOL. XLV
No 50
16-December-2002
CASPIAN
Greece Agrees To Purchase Azerbaijani Gas Starting 2006
The president of Azerbaijans state-owned oil company Socar, Natiq Aliyev, said in Baku on 11 December that Greece had agreed starting in 2006 to purchase 500mn cu ms/year of natural gas produced at the offshore Shah Deniz gasfield and had taken an option to boost this to 1bcm/year. The agreement, described as preliminary, was reached following talks in Athens between Socar and the Greek Public Gas...
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