Azerbaijan planning to launch gas supplies to Bulgaria

Jan 27, 2009 01:00 AM

Bulgaria will receive gas from Azerbaijan.
The Bulgarian government has already announced that an agreement on this issue was attained at the meeting of Azerbaijani President Ilham Aliyev and Prime Minister of Bulgaria Sergei Stanishev.

Notably, the gas companies of both countries intend to launch talks on supplies of gas in the amount of 1 bn cm per year. Supplies of Azerbaijani gas may be launched from early 2010.
President of Azerbaijan: "I can tell you that even with an oil price of $ 40 or $ 45 a barrel, which we have today, our economy will successfully function and our economy will be able to tolerate this level of price."

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