About Civil.ge
Eng | Geo | Rus
Last updated: 21:28 - 15 Dec.'17
RSS
Mobile
Twitter
Facebook
Georgia’s Energy Minister to Meet Head of Gazprom Export in Vienna
Civil Georgia, Tbilisi / 20 Jan.'16 / 01:12

Georgian Energy Minister, Kakha Kaladze, said he will meet chief executive of Gazprom’s export arm, Elena Burmistrova, in Vienna on January 20.

“We will try to get a result, which will be acceptable for the country and the [energy] sector,” Kaladze said in an interview with Tbilisi-based Rustavi 2 TV.

According to the Georgian Energy Ministry it holds talks with Gazprom on terms of transit of Russian gas to Armenia via Georgia – Gazprom wants to pay cash as a transit fee instead of giving Georgia 10% of gas transported to Armenia.

Negotiations also involve possible purchase of additional gas from Gazprom, which will be required to fill the gap amid increasing gas consumption, according to the Georgian Energy Ministry. It says that the country will face this gap during the peak consumption in winter period before Azerbaijan’s state energy company SOCAR upgrades capacity of pipeline infrastructure through which it supplies gas to Georgia and before the completion of the second phase of Shah Deniz project, scheduled for late 2018.

According to Kaladze, who met for three times with Gazprom CEO Alexei Miller since September, Russia’s share in Georgia’s annual gas supplies may increase from current 11% to about 20% if Georgia starts importing additional volumes of gas from Gazprom.

Georgia consumed over 2.47 billion cubic meters of gas last year 88.5% of which was supplied from Azerbaijan, according to data provided by the Energy Ministry.

Latest News
15 Dec.'17 21:28
New Constitution to Specify Grounds for Restricting Access to Public Information
Lawmakers approved the constitutional amendments on second reading with 115 votes in favor.  
15 Dec.'17 17:57
GEL Appreciates Against USD, EUR
Georgian national currency is trading at 2.5597 against USD and at 3.0256 against EUR.
15 Dec.'17 11:58
U.S. Senator Challenges Javelin Sale to Georgia
Senator Rand Paul introduces a resolution seeking to prohibit the proposed sale.
14 Dec.'17 18:26
42nd Round of Geneva International Discussions
Disagreements between sides persist during the December 12-13 round of the Geneva talks.
14 Dec.'17 14:57
Constitutional Changes Passed with First Reading
The final reading on constitutional amendments will be held during the spring session in 2018. 
14 Dec.'17 13:48
Parliament Approves 2018 State Budget
The Government forecasts 4.5% economic growth. 
13 Dec.'17 17:54
Russia to Sign Citizenship Deals with Sokhumi
Moscow is preparing two agreements on dual citizenship, simplified citizenship acquisition procedure.
13 Dec.'17 15:38
Central Bank Increases Key Rate to 7.25%
The monetary policy committee will hold its next meeting on January 31, 2018.
13 Dec.'17 12:02
Georgia’s Foreign Trade in Jan-Nov 2017
Trade deficit figure stands at USD 4.68 billion.
12 Dec.'17 17:49
Senior Lawmakers Voice Support to Mandatory Gender Quotas Bill
The legislative proposal might be adopted in early spring of 2018, according to GDDG’s Eka Beselia.

About Civil Georgia
Civil.Ge © 2001-2017, Daily News Online
Registered office: 2 Dolidze Str, 4-th Floor.
57