Turkey, Georgia, Azerbaijan To Discuss Caspian Gas
December 26, 2006 -- Turkish Energy Minister Hilmi Guler today said he will meet with his Georgian and Azerbaijani counterparts in Istanbul "within the week" to discuss the sharing of gas from Azerbaijan's giant Shah Deniz field.
On December 24, Georgian Energy Minister Nika Gilauri said Ankara had agreed to give Georgia some 800 million cubic meters of its share of gas from the Caspian gas field.
Tbilisi has been seeking to reduce its dependence on Russian gas.
(AP)
SETTING THE RATES: With Gazprom negotiating new contracts, many states will be paying more for Russian natural gas in 2007.
- Belarus, following tense negotiations with Gazprom, will pay $100 per 1,000 cubic meters in -- up from $47 in 2006.
- Ukraine, which depends on Russia to supply it with about 77 percent of its gas, will pay $130 per 1,000 cubic meters of a Turkmen-Russian gas mix.
- Moldova, which depends on Russia for 100 percent of its gas, will pay $170 per 1,000 cubic meters, with the price rising to European-level market price by 2011.
- Georgia has agreed to pay Gazprom $235 per 1,000 cubic meters of gas.
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