Tbilisi, December 21 - Neftegaz.RU. The Government of Georgia and the State Oil Company of the Azerbaijan Republic (
SOCAR) agreed on December 17, 2020 on reducing tariff of
imported gas from Azerbaijan to Georgia, Georgian Government Administration reported.
Georgian Economy Minister Natia Turnava, Giorgi Bakhtadze of the Georgian of Oil and Gas Corporation (GOGC) and
Rovnag Abdullayev, President of SOCAR signed the relevant document after the latter’s meeting with Georgian Prime Minister Giorgi Gakharia.
The deal has been signed following negotiations between the Georgian Economy Ministry and SOCAR over importing 200 mln м
3 of the so-called social gas from
Azerbaijan with lower price.
The agreement will allow the Georgian Government retain the stability of
natural gas price for private households, according to the statement.
The amendments were made to the existing deal on social gas supply signed in 2016 by R. Abdullayev and then Georgian Energy Minister Kakha Kaladze, which allowed
Georgia to receive additional of 500 mln м
3 of gas from Azerbaijan.
The 2016 agreement between the Government of Georgiaand SOCAR on additional gas supply came as the Georgian government had been criticized for considering
Gazprom as a source of supplement for
gas shortage emerged after significantly increased gas consumption in Georgia.
