Georgia To Receive Natural Gas From Azerbaijan
January 10, 2007 -- Georgia was due today to start receiving natural gas from Azerbaijan.
Under a December 2006 agreement, Georgia is to receive 90 million cubic meters of gas over 90 days at the price of $120 per 1,000 cubic meters.
Georgia is to receive additional volumes from Azerbaijan when gas starts flowing from Azerbaijan's Shah Deniz field along a pipeline to Turkey.
Georgia will receive its own quota and Turkey has also agreed to cede part of its quota to Georgia at an undisclosed price.
Georgia is seeking to reduce its dependence on Russian energy supplies.
Russia's Gazprom will supply Georgia with gas at a price of $235 per 1,000 cubic meters this year, or more than twice what Georgia was paying last year.
(day.az, Interfax, ITAR-TASS)