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12/26/06

The Brunei Times: Georgia to purchase gas from Turkey: minister confirms


For the complete report in The Brunei Times click on this link

Georgia to purchase gas from Turkey: minister confirms

GEORGIA has agreed to buy 800 million cubic metres of gas from Turkey in a deal that covers its 2007 gas needs, Georgia's energy minister said.

The gas will come from Turkey's share of supplies from the Shakh Deniz gas field in Azerbaijan, Energy Minister Nika Gilauri told reporters.

Georgia, which buys most of its gas from Russian gas monopoly Gazprom , has been searching for alternative supplies. This after bitter rows with Moscow this year over issues including spying charges in September.After threatening to cut off supplies to Georgia, Gazprom said on Friday it would sell 1.1 bcm of gas to the ex-Soviet state and doubled prices to EURO 179 per 1,000 cubic metres.

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