About Civil.ge
Eng | Geo | Rus
Last updated: 03:02 - 12 Dec.'17
Gazprom Wants ‘Georgian Assets’ in Exchange for Cheap Gas
Civil Georgia, Tbilisi / 8 Nov.'06 / 10:48

Gazprom will sell its gas to Georgia at the current price - USD 110 per 1000 cubic meters – if Tbilisi agrees to give some of its assets to the Russian gas monopoly, Gazprom’s export chief Alexander Medvedev said on November 7.

Otherwise, he said, Gazprom's price for Georgia will be USD 230 per 1000 cubic meters. Medvedev did not specify what Georgian assets Gazprom wants.

“In the past, we already indicated what assets would be interesting for us, but we have received no reply [from the Georgian side],” he told a news conference in Moscow.

Gazprom made moves last year to purchase Georgia’s North-South Caucasus gas pipeline system, which is used to deliver Russian gas to Georgia and Armenia. There were considerations in Tbilisi previously about selling the pipeline to Gazprom but the idea was rejected, probably as a result of U.S. pressure.

Medvedev also warned that Gazprom will not supply gas to Georgia at all if the latter refuses to sign a contract setting the price for gas at USD 230, which he described as the market price.

After gaining control of Armenia’s gas distribution network, Gazprom announced that the gas price in Armenia will remain USD 110 per 1000 cubic meters.

Latest News
12 Dec.'17 03:02
Judge Releases Saakashvili from Courtroom
The prosecution sought placing the ex-President of Georgia to pre-trial house arrest for two months.
11 Dec.'17 17:02
Parliament Speaker: Election of President by 300-member Electoral College ‘Will Remain In Force’
Kobakhidze says the system has shortcomings, but the ruling party will keep it as ‘a political compromise.’
11 Dec.'17 12:37
Q3’17 FDI USD 594 mln – Preliminary Data
Most of the FDI in the third quarter of 2017 came from Azerbaijan, followed Turkey and the United Kingdom.
09 Dec.'17 17:19
Friends of Georgia Group Stresses Support in the Face of Russian Occupation
The group of countries addresses ethnic discrimination, Russian military build-up among other issues.
09 Dec.'17 12:39
Ukrainian National Police Detains Saakashvili
Ex-President Mikheil Saakashvili went on a hunger strike, might face house arrest.
08 Dec.'17 18:08
Georgia in OSCE Ministerial Council Statements
Several foreign ministers spoke on Georgia in their addresses at the 24th OSCE Ministerial Council.
08 Dec.'17 16:04
FM Janelidze Addresses OSCE Ministerial Council
Mikheil Janelidze lists violations in the occupied territories, calls for Europe without spheres of influence.
08 Dec.'17 10:34
Georgia ‘Closely Monitoring’ Jerusalem Developments, Foreign Ministry Says
The statement follows the request of a ruling party lawmaker to recognize Jerusalem as Israel’s capital.
07 Dec.'17 23:44
Parliament Endorses PM’s Structural Reform Plan
The Government-proposed amendments bill envisages the merger and reorganization of several ministries.
07 Dec.'17 17:48
CSOs Concerned over Ukraine’s Decision to Deny Entry to Georgian Journalists
Journalists from Rustavi 2, TV Pirveli and the Public Broadcaster were refused entry into Ukraine.

About Civil Georgia
Civil.Ge © 2001-2017, Daily News Online
Registered office: 2 Dolidze Str, 4-th Floor.