Azerbaijan cuts gas prices for Georgian filling stations
Baku, Azerbaijan March 7
By Maksim Tsurkov - Trend:
Baku and Tbilisi agreed on reducing gas prices for the owners of filling stations in Georgia, a source in Azerbaijan's oil and gas market told Trend March 7.
The commercial gas price for Georgian filling stations has been reduced by 35-40 percent, said the source without specifying the new price.
"The gas price hasn't been revised since the oil prices started to drop," said the source. "Now there is such a need, it is the reality of the world market, since it is impossible to sell energy resources below or above what they are quoted in fact."
The source added that here the matter rests in the gas intended for the owners of filling stations, but not in the overall commercial market.
Azerbaijan exports gas to Georgia via a pipeline linking the two countries in Azerbaijan's Gazakh district. The pipeline's capacity exceeds 2.5 billion cubic meters of gas a year.
Georgia also receives gas from Azerbaijan's Shah Deniz field via the South Caucasus pipeline.
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