Georgia to Refuse from Russian after Supply of Azerbaijani Fuel Georgian President

Oil&Gas Materials 28 December 2006 12:39 (UTC +04:00)

Azerbaijan will be Georgia's major gas supplier once the technical problems experienced at Shah Deniz has been resolved. Georgian President, Mikhael Saakashvili, stated at a meeting with businessmen that the problem would be rectified within a matter of 45 days, Trend Special Correspondent in Tbilisi reports.

The President also noted that at present Georgia is buying Russian gas at exorbitant prices.

Once the fault has been rectified, we will not require Russian gas, President Saakashvili emphasized.

Gasprom has validated the annual contracts with four companies functioning in Georgia on the delivery of 1.45bln cu.m of gas to Georgia in 2007. A 3-month contract with Gasprom to supply gas to regions was signed by KazTransGas-Tbilisi, which involves the gas distribution in Tbilisi, as well as Itera company.