Gas Supplies to Georgia May Be Suspended

The international gas company Itera's gas supplies from Russia to Georgia will be either cut to one third or suspended on April 19, the Georgian gas distribution company Tbilgaz reported to RBC. The Itera's decision is due to the Tbilgaz's $3m debt to Itera. At present, the company cannot transfer the money as its accounts have been blocked by the Georgian Finance Ministry. The Georgian Fuel and Energy Ministry's officials claimed they had no idea how and when the debt would be settled. Meanwhile, it is possible that the debt will be paid by Tbilisi municipal authorities, Tbilgaz officials said.

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