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Azerbaijan mulls Iranian, Russian gas markets
Azerbaijan is ready to sell its gas to Iran and Russia amid lingering disputes over the sale price for its natural gas to Turkey, state oil company of Azerbaijan (SOCAR) President Rovnag Abdullayev said. He noted that his country had the technology in place to export natural gas to Iranian customers, the Azeri Press Agency reported. “Currently, the pipeline between Iran and Azerbaijan is being repaired,” he said. “Compressors are being upgraded to allow as much as possible gas exports to Iran.” He did not indicate the price Azerbaijan would charge Iran for natural gas. Abdullayev indicated gas exports to Russia could reach 247 billion cubic feet of natural gas each year with the reconstruction of gas infrastructure. His comments come as Turkey and Azerbaijan wrangle over gas prices. Azerbaijan currently charges Turkey about 30% of the market price for natural gas, and Abdullayev said he was waiting for Ankara to respond. On October 16, President Ilham Aliyev complained that Turkey received a 70% discount on Azerbaijani gas when compared to world prices. He also blamed Turkey for delaying Azerbaijani gas exports to Europe for the past two years.
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