Georgia stops gas purchase from Gazprom

Georgia will stop gas purchases from Gazprom. Minister of Energy of Georgia, Kakha Kaladze, said that no deals will be concluded to purchase Russian gas from late 2017.

As of April 2017, Georgia will completely switch to supplying the population and enterprises with gas from Azerbaijan. Azerbaijan's state oil company SOCAR and the consortium for the development of the Shah Deniz gas field are the suppliers of gas to Georgia. Thus, the share of Russian gas in the total volume of imports will reduce to four percent.

Georgia annually consumes about 2.5 bcm of gas. In recent years, the share of Russian gas accounted for about 10 percent of the country's total gas supply.

In January-March 2017, the volume of purchased natural gas from Russia amounted to 100 million cubic meters.

source: commonspace.eu with agencies

Related articles

Editor's choice
News
Borrell tells the European Parliament that the situation in Afghanistan was critical, but the EU will remain engaged

Borrell tells the European Parliament that the situation in Afghanistan was critical, but the EU will remain engaged

Borrell underlined that the European Union will make every effort to support the peace process and to remain a committed partner to the Afghan people. "Of course, we will have to take into account the evolving situation, but disengagement is not an option.  We are clear on that: there is no alternative to a negotiated political settlement, through inclusive peace talks.
Editor's choice
News
China and the EU agree on climate change action in Beijing summit but disagree on trade and Ukraine

China and the EU agree on climate change action in Beijing summit but disagree on trade and Ukraine

China and the European Union have issued a joint call to action on climate change during an otherwise tense bilateral summit in Beijing on Thursday 24 July but major disagreements remain over trade and the war in Ukraine.  The two sides issued a joint statement on climate change, urging more emission cuts and greater use of green technology and affirming their support for the Paris Climate Agreement as well as calling for strong action at the upcoming COP30 climate summit in Brazil. European Council President António Costa called on China to use its influence over Russia to bring an end to the war in Ukraine, a long-standing plea from European leaders that is likely to fall once again on deaf ears.

Popular

Editor's choice
News
China and the EU agree on climate change action in Beijing summit but disagree on trade and Ukraine

China and the EU agree on climate change action in Beijing summit but disagree on trade and Ukraine

China and the European Union have issued a joint call to action on climate change during an otherwise tense bilateral summit in Beijing on Thursday 24 July but major disagreements remain over trade and the war in Ukraine.  The two sides issued a joint statement on climate change, urging more emission cuts and greater use of green technology and affirming their support for the Paris Climate Agreement as well as calling for strong action at the upcoming COP30 climate summit in Brazil. European Council President António Costa called on China to use its influence over Russia to bring an end to the war in Ukraine, a long-standing plea from European leaders that is likely to fall once again on deaf ears.