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Wednesday, 27 December 2006

GEORGIA OFFERED DEAL ON RUSSIAN GAS SUPPLIES

Published in News Digest

By empty (12/27/2006 issue of the CACI Analyst)

Russian First Deputy Prime Minister Dmitry Medvedev announced on December 22 that the Russian state-owned Gazprom monopoly has concluded a deal with Georgia to supply natural gas at the price of $235 per 1,000 cubic meters beginning on January 1, 2007, RFE/RL\'s Georgian Service reported. According to the terms of the agreement, Gazprom has offered to supply Georgia with a volume of 1.1 billion cubic meters, an amount that falls short of Georgia\'s domestic needs by about 700 million cubic meters.
Russian First Deputy Prime Minister Dmitry Medvedev announced on December 22 that the Russian state-owned Gazprom monopoly has concluded a deal with Georgia to supply natural gas at the price of $235 per 1,000 cubic meters beginning on January 1, 2007, RFE/RL\'s Georgian Service reported. According to the terms of the agreement, Gazprom has offered to supply Georgia with a volume of 1.1 billion cubic meters, an amount that falls short of Georgia\'s domestic needs by about 700 million cubic meters. Despite the new agreement, Georgia is seeking alternative supplies from Azerbaijan. (RFE/RL)
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