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Georgian FM: No need to buy more gas from Gazprom

Oil&Gas Materials 8 March 2016 17:42 (UTC +04:00)
The Georgian government aims at ensuring stable and uninterrupted gas supply, Mikheil Janelidze, Georgian foreign minister, said.
Georgian FM: No need to buy more gas from Gazprom

Baku, Azerbaijan, March 8

Trend:

The Georgian government aims at ensuring stable and uninterrupted gas supply, Mikheil Janelidze, Georgian foreign minister, said.

Janelidze made this statement following the negotiations and the agreement with SOCAR (State Oil Company of Azerbaijan).

The gas supply was problematic after the recent consumption growth in the country.

"Together with our friend and strategic partner - Azerbaijan, the ways of supplying additional gas volume, necessary to cover the deficit, were found," he said. "An agreement was signed."

He said that that the talks were held with the Russian Gazprom company about the terms of gas transit from Russia to Armenia via Georgia's infrastructure.

"Such talks have been held every year since 2004," he said. "The negotiations include the ability of supplying additional gas volumes required to cover the deficit if it had not been possible with other sources," he said. "As a result of agreements reached with SOCAR, there is no need to purchase additional gas volume from Gazprom."

According to the document, an agreement with Gazprom about gas transit upon existing conditions is valid. Georgia will receive gas for its transit to Armenia without any additional volumes.

"The Georgian government has ensured the best possible conditions for stable and uninterrupted gas supply and energy security of the country due to these agreements," a statement said.

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