TODAY.AZ / Business

Georgia to raise gas prices on domestic market in late April

13 April 2007 [08:46] - TODAY.AZ
Georgia is going to increase consumption gas prices on the domestic market after the initial discussion on April 16.

Georgian National Fuel and Energy Commission told APA-Economics that the prices rise is needed because of high-priced gas imports. The commission has not preset any prices.

Russia currently charges Georgia $235 per 1,000 cubic meters of gas compared to $100 last year and the country pays $62.5 per 1,000 cubic meters of Azeri gas (Shah Deniz).

The Government lend additional loan worth 125mln lari to five companies to keep prices unchanged in winter.

URL: http://www.today.az/news/business/39315.html

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