...

Law on gas consumption and distribution rules suspended in Georgia

Oil&Gas Materials 30 January 2009 12:27 (UTC +04:00)

Georgia, Tbilisi, Jan. 30/ Trend , N. Kirtskhalia/

Georgia's National Commission on Energy Regulation suspended a gas consumption and distribution law at the request of distribution companies.

Amendments to the law are being designed at the moment.

The new law will include details of cooperation between gas distribution companies and consumers. Companies will be required to upgrade their infrastructure and change the meters of their consumers using their own funds if necessary.

The consumers will pay for new meters if their previous meters were damaged intentionally.

In late December, SOCAR Energy Georgia signed an agreement with the Georgian government to manage 22 territorial gas distribution companies in the country in Kakheti, Msteta, Mtianeti, Shida and Kvemo Kartli, Ajaria, Guriya, Imereti and Samerglo.

SOCAR Georgia is expected to supply Georgian customers with gas for three years and invest around $40 million in developing the gas sector.

Do you have any feedback? Contact our journalist at: [email protected]

Latest

Latest