Russia has stopped electricity delivery to Azerbaijan
Russia has completely stopped deliveries of the electric power to Azerbaijan. Negotiations of vice-president of Azerenergy with the Russian party about reductions of price of the electric power delivered to Azerbaijan have not given any positive results.
Earlier the minister of the industry and power Natig Aliev has informed that if Russia will insist on increase of the prices, the Azerbaijan government will make a decision on refusal of these deliveries. In Azerbaijan minister’s opinion, taking into consideration the fact of the termination of deliveries of the Russian electricity to Azerbaijan any special problems is not expected.
It is worth of stressing that recently, Inter (one of the “United Power Systems” companies) has informed about the termination of deliveries of the electricity to Azerbaijan. Till now deliveries to Azerbaijan were carried out under the contract signed in 2006. The contract is valid till the end of 2007, but regarding electricity deliveries - only till March, 31st.
As representatives of Russian power sector has informed they (Russia) will stop electricity deliveries since April, 1st if we shall not receive comprehensible offers from Azerbaijan. Russian representatives suggested keeping operating conditions and terms in the second quarter and - to develop the flexible mechanism of pricing till the beginning of the third period, however, the Azerbaijan party has ignored this offer.