Analysis: Azerbaijan’s oil factor in geopolitics
Tony Hayward, the CEO of the world’s oil giant company British Petroleum, arrived in Azerbaijan on July 6 and the same day the State Oil Company of Azerbaijan (SOCAR) unveiled its intention to increase gas deliveries to Russia. SOCAR President Rovnag Abdullayev told journalists that Baku had offered to Russia’s state-controlled natural gas monopoly Gazprom to increase supplies from 1 to 2 billion cubic meters of natural gas in 2011.
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