Global Business in Iran Database

In-depth metrics and analysis of Iran's international economic partnerships.

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Azerbaijan-Iran, Long Term Gas Agreement Imminent

description

Azerbaijan's SOCAR and Iran's National Iranian Gas Export Company (NIGEC) will finalize a long term natural gas agreement within ninety days, according to Seyed Reza Kasaeideh, head of NIGEC.  The deal envisions Iran importing 5 million cubic metes of gas per annum.  Azerbaijan and Iran are currently linked by the1475.6 kilometer Kazi-Magomed-Astara pipeline.

Status

  • Current Status:
  • Discussion Date: Sun, 2010-01-24
  • Contract Date:
  • Completion Date:

Citation

1. "Azerbaijan Carries out Test-Run of Gas Pipeline to Iran", Fars News Agency, 19 January 2010, available at http://english.farsnews.com/newstext.php?nn=8810291495.

2. "Azerbaijan-Iran to Finalize Gas Deal", Zawya, 24 January 2010, available at http://www.zawya.com/Story.cfm/sidZAWYA20100124045052/Iran,%20Azerbaijan....

All projects by State Oil Company of Azerbaijan Republic (SOCAR)