Announcement

Collapse
No announcement yet.

Georgia Says Gazprom Owes $2 Mln In Gas Transit Arrears

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Georgia Says Gazprom Owes $2 Mln In Gas Transit Arrears

    GEORGIA SAYS GAZPROM OWES $2 MLN IN GAS TRANSIT ARREARS

    Prime-Tass English-language Business Newswire, Russia
    August 6, 2007 Monday 5:47 PM EET

    Russian natural gas export monopoly Gazprom owes Georgia U.S. $2
    million in arrears for gas transit services provided in May through
    July, a spokesman for the Georgian Oil and Gas Corporation (GOGC)
    said Monday.

    Gazprom supplies its gas through Georgia to Armenia, another
    Transcaucasian country.

    Under an agreement between the GOGC and Gazprom, Georgia is allowed to
    either take 10% of Russian gas transported via its territory to Armenia
    as payment for gas transit services or collect cash from Gazprom.

    In May through June, Georgia received all of its gas supplies from
    Azerbaijan, the spokesman said.

    Georgia may need to get some of its gas from Gazprom in the coming
    winter months and pay with the accumulated arrears, the spokesman said.
Working...
X