TODAY.AZ / Business

Etibar Pirverdiyev: "No negotiations on reduction the price of Russian electricity held"

24 February 2006 [10:20] - TODAY.AZ
"The Azerbaijani party is not conducting any negotiations on reduction of the price of electricity imported from Russia. The reason of it is price increase of energy carriers in the world market".

APA was given this explanation by the president of the Azerenergy Open Joint-Stock Company (OJSC) Etibar Pirverdiyev.

According to Mr.Pirverdiyev, delivery of Russian gas to the Azerbaijani frontier and directly to power plants costs Azerbaijan $110 and $120, respectively. On the other hand, Azerbaijan gradually supplies itself with electricity and therefore, official Baku does not issue a proposal to reduce prices.

Russia sells 3 billion kWh of electricity to Azerbaijan and Azerbaijan sells 1 billion kWh to Russia in the course of year.


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