Azerbaijan to supply oil to US

Mon 27 December 2010 09:01 GMT | 13:01 Local Time

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Azerbaijan will sell oil to USA at the result of swap operations to be conducted among Belarus, Azerbaijan and Venezuela.

SOCAR President Rovnag Abdullayev said Venezuela will sell 5 mln tons of oil to Belarus, per year, in accordance to contract signed between Venezuela and Belarus.

Azerbaijan will deliver this capacity to Belarus. In exchange for this, Venezuela will sell oil 5 mln tons of oil to Azerbaijan: 'Azerbaijan will send this oil from Venezuela to US markets by tankers, without bringing it to Azerbaijan'.

Azerbaijan to double gas export to Syria

Azerbaijan intends to double gas export to Syria, SOCAR President Rovnag Abdullayev said.

According to him, Azerbaijan will export 1 bcm of gas from 2012.

This will be doubled from 2015: 'Presently, talks on technical sides and tariffs for transportation of Azeri gas through Turkey are held with BOTAS Company. These works will be continued next year and Azerbaijan will double gas export to Syria from 2012'.




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