Gazprom to ship gas to Georgia if ITERA fails to solve gas problems

Wednesday, June 3, 2020

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Russia’s Gazprom said it would supply gas to Georgia if the current supplier, ITERA, does not cope with its gas shortages within the next few days. Gazprom CEO Alexei Miller told the president of the International Gas Corporation of Georgia, Alexei Gotseridze, on Monday that the main problem at the moment was “ITERA’s shortage of gas”. “If no mutually acceptable decision is reached within days to make up for the shortage of gas, Gazprom will have to take over as a gas suppliers to Georgian consumers. Gazprom will guarantee reliable supplies,” he said. Natural gas accounts for about 24 percent of Georgia’s energy balance. ITERA was the main supplier of gas to Georgia in the last few years. In 2003, it supplied 705.9 million cubic metres of gas to the country, the Prime-Tass news agency said. In July 2003, Gazprom and the Georgian government signed an agreement on strategic cooperation in the gas sector for 25 years. The document determined the main areas of cooperation: natural gas supplies to Georgia and participation in the sale of gas to end users in the country, operation, restoration, modernisation and expansion of Georgia’s gas pipelines, as well as gas supplies to thermal power plants for the generation of electricity and its joint sale.

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