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Apr. 16, 2007
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Russia to Halt Gas Supply to Georgia
Russia is to cut gas supply lines to Georgia due to repair work at a pipeline in Russia, the Rustavi 2 TV channel reported Sunday. Moscow is to turn off the tap for two days on Sunday night.
The temporary suspension of the gas supply is not going to affect Georgians, according the national oil and gas corporation. Shipments from the Shah Deniz field in Azerbaijan are to cover the shortage.

Russia and Azerbaijan are sending 1 million cu. meters of gas to Georgia daily. Azerbaijan’s Azerigas earlier supplied the country with a daily 1.3 million cu. meters, but the delivery was suspended after the contract expired. Talks on a new deal are still underway.

Gazprom doubled gas prices for Georgia to $235 per 1,000 cu. meters this year, and still has plans to sell as much as 1.1 billion cu. meters of gas to the country in 2007.

Georgia buys Azerbaijan’s gas at $120/1,000 cu. meters. The supply is expected to be boosted following a hike in production at the giant Shah Deniz field to make Azerbaijan the biggest gas supplier for Georgia.

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