The contract signed between the State Oil Company of Azerbaijan (SOCAR) and the Romanian Romgaz S.A. on the supply of Azerbaijani gas to Romania from April 1, 2023, to April 1, 2024, has entered into force, Report informs.

This agreement on the supply of gas from Azerbaijan to Romania in the amount of up to 1 billion cubic meters during 2023-2024 was signed on February 3 as part of the 9th meeting of the Southern Gas Corridor Advisory Council in Baku.

It is a continuation of the documents signed between SOCAR and Romgaz S.A. October 19 and December 16, 2022.

On December 16, 2022, SOCAR signed a spot short-term contract with Romgaz S.A. for the supply of up to 300 million cubic meters of gas from January 1 to April 1, 2023. The daily volume of supplies was up to 4.2 million cubic meters. The contract provided for the transportation of natural gas via the Interconnector Greece-Bulgaria (IGB) gas pipeline from the Komotini exit point in Greece of the Trans Adriatic Pipeline (TAP), further along the Romanian part of the BRUA gas pipeline (Bulgaria – Romania – Hungary – Austria).