Financial Times FT.com

Gazprom clinches Azeri energy deal

By Isabel Gorst

Published: June 30 2009 03:00 | Last updated: June 30 2009 03:00

Gazprom said it clinched a deal yesterday to import small volumes of gas from deposits in Azerbaijan also coveted by Europe.

Imports would begin in 2010 at a rate of 500m cubic metres a year and increase after the second phase of the huge Shak Deniz gas field in the Caspian Sea began production.

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