Minister: Azerbaijani gas price satisfies Georgia

Oil&Gas Materials 28 May 2013 12:34 (UTC +04:00)

Kazakhstan, Astana, May 28 / Trend, D.Mukhtarov /

The price for Azerbaijani gas supplied to Georgia fully satisfies Tbilisi, Georgian Energy Minister Kakha Kaladze said in an interview with Trend.

"The price for gas under the contract is a trade secret. I can only say that the price is very good for us. Per year Georgia receives two billion cubic meters of gas and KTG (KazTransGas)-Tbilisi 500 million cubic meters of gas," Kaladze said.

According to Kaladze, Georgia does not consider any issue with refusal from Azerbaijani gas.

"Azerbaijan has been and remains our strategic partner. We are pleased to receive gas from Azerbaijan at a very good price. As for other suppliers, there is not only the Russians, but also Kazakhstan. Alternative is normal, it is diversification of supplies," Kaladze said.

He said the State Oil Company of Azerbaijan (SOCAR) is one of the major energy markets in Georgia. The company, according to Kaladze, makes major investments in the country's economy, energy and social sector.

"Recently, SOCAR invested in the construction of the park named after Heydar Aliyev in Tbilisi, and has built an excellent restaurant used by a well-known catering network in Batumi," Kaladze said.

SOCAR supplies oil and gas to Georgia, owns gas distribution networks, oil terminal, and intends to build a carbamide plant.