Azerbaijan-Russia gas supply issue

Azeri state oil company SOCAR has officially submitted a proposal to Russia's Gazprom which will increase Azeri natural gas supply to Russia to 2 billion cubic meters by 2011. SOCAR President Rovnag Abdullayev stated that the country has enough gas to supply Russia.

The Azeri Oil Research Centre has confirmed that by 2011 the country will have enough gas to satisfy all its clients. According to estimates Turkey is not going to increase its gas consumption or transit in 2011, therefore Azerbaijan has the opportunity to sell extra gas to Russia.