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Georgia may reduce gas fees

8 January 2013 16:22 (UTC+04:00)
Georgia may reduce gas fees

A drop in the consumer fee for gas is possible in Georgia, the country's Energy Minister Kakha Kaladze told reporters, Trend news agency reported.

He said the process of reducing the gas tariff is more difficult than that of reducing the electricity tariff.

From Jan.1, electricity tariffs for two categories of consumers in Georgia decreased by 3.5 tetri ($1=1.66 lari), that is by 20 per cent. The current tariff of gas is 51 tetri per cubic meter.

Kaladze said that the ministry is doing the necessary calculations and examining reserves within the country to reduce gas tariffs.

Georgian authorities had hoped to reduce the tariff by lowering the price of gas coming from Azerbaijan. However, during his visit to Baku, Georgian Prime Minister Bidzina Ivanishvili was convinced that Georgia receives gas from Azerbaijan at the lowest price in the region and Europe.

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