Gazprom Export proposes natural gas transit plan to Georgia
Gazprom Export, a leading Russian natural gas distributor, has proposed transit delivery services to Georgia to ensure guaranteed profit, the news agency TASS reports, citing the company.
The agreement was reached on January 10 as Gazprom Export CEO Elena Burmistrova met with the Georgian energy minister to coordinate the terms of gas supply across the country’s territory.
Georgia has not purchased Russian gas since 2007, and Azerbaijani gas has met Georgia’s demand 88% percent in recent years, with the rest 12% being Russian gas for Georgia’s transit services.
According to earlier reports, Georgia’s Minister of Energy Kakha Kaladze was to hold meetings with Gazprom managers during his working visit to Minsk. Georgia was reportedly ready for concessions. Russia wants to pay to Georgia for gas transit, while Georgia seeks to get 10% of Russia gas.
The current contract transit of Russian through Georgia expired on December 31, 2016.
The first two rounds of the talks did not produce any results.