Gazprom to help develop Georgia's gas transportation system

Gazprom CEO Alexei Miller and President of the International Gas Corporation of Georgia Alexei Gutseridze met in Moscow yesterday to discuss the possibility of creating a joint Russian-Georgian enterprise to manage and develop the gas transportation system in Georgia.

Mr Miller and Mr Gutseridze also discussed other ways of collaborating in the gas sphere and spoke of the current technical capacities of the natural gas industry in Georgia. It is possible that Russian natural gas will be delivered to Armenia via Georgia and Georgia may also purchase Russian gas from Gazexport.

There is no actual gas production in Georgia. Russia and Turkey are the main suppliers of gas to Georgia, supplying 1.34 billion cubic metres of gas in 2002. Natural gas accounts for about 24% of total energy consumption in Georgia. At the present time Gazprom is not involved in supplying gas to Georgia.

The International Gas Corporation of Georgia supplies gas to national consumers and manages the transport of gas to and from Armenia.

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