Thursday, June 26, 2008
Natik Aliyev - It is not profitable for Azerbaijan, as a gas reserves
owner, to make forecasts for 5 and 10 years
05 June 2008 - Georgia-Online - Azerbaijan will not sign long-term agreements on gas supplies to Georgia. Georgia's initiative on signing a long-term agreement on supplies of Azerbaijani gas is not supported in Azerbaijan, Azerbaijani Minister of Industry and Energy Natik Aliyev told reporters. He explained that long-term contracts are frequently violated and therefore, they should be signed for a year. "It is not profitable for Azerbaijan, as a gas reserves owner, to make forecasts for 5 and 10 years. Short-term agreements work well and are effective of goods owners", said Aliyev. On the basis of short-term contracts Georgia receives Azerbaijani gas from Shah Deniz, Azerigaz and the State Oil Company of Azerbaijan.
# posted by Deval
:
2:13 PM
Contact me:
