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Georgia to Buy only Azerbaijani Gas

In 2017 Georgia will not buy Russian gas and satisfy 96% of the domestic demand only by Azerbaijani gas. Minister of Energy Kakha Kaladze said that Agreement signed with Gazprom enables the country to buy Azerbaijani gas by the money raised from Russian natural gas transit to Armenia.

“We also can buy natural gas in Iran, however, at this stage, we have taken decision to increase volumes from Azerbaijan. Our agreement with Gazprom will be valid for 2 years. In 2 years we will have stronger positions, because we will have a gas storage tank. Shah Deniz project will be finished, from where we will receive additional volumes and we will have more leverages to talk with Gazprom”, Kakhi Kaladze said.

According to the balance approved by the Energy Minister, Georgia will receive 2.327 billion cubic meters of natural gas from Azerbaijan.