TODAY.AZ / Business

Transit countries should not re-export gas: SOCAR president

25 September 2009 [12:17] - TODAY.AZ
An agreement should be reached among producers, transit countries and consumers of natural gas that the transit countries cannot re-export the received gas, President of State Oil Company of Azerbaijan Republic (SOCAR) Rovnag Abdullayev said at a news conference during the sixth Eurasian Energy Forum.
"It is our desire [producer countries] to have clear tariff rates on the transit countries in order to prevent the transit countries from re-exporting gas," said Abdullayev.

These conditions will lead to the establishment of transparent relations between business entities.

Azerbaijan is currently holding talks with Turkey to conclude a transit agreement to export the Azerbaijani gas to Europe.

Abdullayev said the negotiations are nearing end.

/Trend Capital/
URL: http://www.today.az/news/business/55897.html

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