Temporary swap operations of Russian gas supplies to Azerbaijan between SOCAR and the Russian company ‘Gazprom’ will increase oil production at the block of fields ‘Azeri-Chirag-Guneshli’ (ACG) in the Azerbaijani sector of the Caspian Sea, the SOCAR President, Rovnag Abdullayev, said.
"In recent years Azerbaijan has actively been expanding the gas network and, to date, the level exceeds 90%. This leads to an increase in demand for gas. Therefore, we have redirected the volumes of gas to be supplied to Russia to the domestic market,’’ Trend quotes Abdullayev as saying.