Azerbaijan Sent Proposals to Gazprom on Gas Purchases
Azerbaijan said on Monday it had outlined proposals on buying Russian gas to Kremlin-controlled gas giant Gazprom in an effort to unblock a stalled supply deal.
Russia and Azerbaijan agreed last year for Russia to supply up to 2 billion cubic metres of gas to Azerbaijan annually, but the volumes have yet to start flowing. Industry sources have said pricing issues are behind the holdup.
"We are still interested in Russian gas purchases. We have presented our proposals to Gazprom," said Rovnag Abdullayev, the head of Azeri state energy firm SOCAR.
Abdullayev also said that the firm has been in talks with Iran over gas.
(Reporting by Nailia Bagirova)
