Contract between Georgia and Russia’s Gazprom on transit of natural gas in Armenia prolonged
13.03.2019,
13:36
The contract between Georgia and Russia’s Gazprom on transit of natural gas in Armenia is extended to the end of 2020, Georgian Deputy Economy Minister Natia Turnava told journalists on Tuesday. The contract on the Russian gas purchase by Georgian companies is prolonged as well.
YEREVAN, March 13. /ARKA/. The contract between Georgia and Russia’s Gazprom on transit of natural gas in Armenia is extended to the end of 2020, Georgian Deputy Economy Minister Natia Turnava told journalists on Tuesday. The contract on the Russian gas purchase by Georgian companies is prolonged as well.
She is quoted by Russia’s Kommersant as saying that commercial terms is improved and the transit fee is increased, while the Russian gas price is downed for any company that expresses interest in Russian gas.
The previous contract implied the transit of 2-2.2 billion cubic meters and the opportunity to purchase natural gas from Gazprom at $185 per 1,000 cubic meters. In 2018, Gazprom supplied 1.94 billion cubic meters to Armenia.
Georgia fully caters for its needs by receiving natural gas from Azerbaijan. In recent years, however, Azerbaijani gas supplies couldn’t cater for the needs in the heating season as gas output in Azerbaijan dwindled, while gas consumption in Georgia grew. And therefore, Georgian companies resumed purchasing natural gas from Gazprom, though in small volumes so far. -0---
She is quoted by Russia’s Kommersant as saying that commercial terms is improved and the transit fee is increased, while the Russian gas price is downed for any company that expresses interest in Russian gas.
The previous contract implied the transit of 2-2.2 billion cubic meters and the opportunity to purchase natural gas from Gazprom at $185 per 1,000 cubic meters. In 2018, Gazprom supplied 1.94 billion cubic meters to Armenia.
Georgia fully caters for its needs by receiving natural gas from Azerbaijan. In recent years, however, Azerbaijani gas supplies couldn’t cater for the needs in the heating season as gas output in Azerbaijan dwindled, while gas consumption in Georgia grew. And therefore, Georgian companies resumed purchasing natural gas from Gazprom, though in small volumes so far. -0---
