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Gazprom Not to Hike Gas Price for Georgia Starting from June
Gazprom spokesman Sergei Kupriyanov has refuted the rumors on monopoly’s intention to hike gas price for Georgia from $235/ths cu meters to $320/ths cu meters starting from June, Interfax reported.
We have no information of the kind. We don’t confirm holding negotiations on the increase in gas price. This information isn’t correct, Kupriyanov said in the interview that Georgian Times published Friday.
The gas monopoly has no plans to hike the price in the near term. The price will remain the same, $235, the spokesman specified.
Gas consumption in Georgia slid by 100 million cu meters to roughly 1.7 billion cu meters in 2007. Of that amount, the imports from Russia accounted for 66 percent, or 1.15 billion cu meters; Georgia received a portion of that gas for the transit to Armenia (10 percent of supplies).
With regard to expensive gas of Russia ($235), relatively cheap gas of Azerbaijan ($120) and the special price ($63) of Georgian quota in Shah Deniz project, Georgia had the weighted average wholesale price for imported gas of $167/ths cu meters pas year. As to this year’s price, its weighted average is yet unclear, as the price for Azeri gas is projected to grow to between $180/ths cu meters and $200/ths cu meters.
www.kommersant.com
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Photo: Valery Melnikov
