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Georgia resumes Russian gas transit to Armenia

Georgia resumes Russian gas transit to Armenia

PanARMENIAN.Net - Georgia has resumed the transit of Russian gas to Armenia that was suspended Wednesday, Aug 20 after a landslide hit the pipeline, head of the Georgian Gas Transportation Company Mamuka Kobakhidze said.

According to him, the transit was complete resumed Saturday morning.

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The financing will be directed to energy efficiency, renewable energy, agribusiness, food processing, education and healthcare projects.
Gazprom supplies gas to Armenia through Georgia, but the transit agreement expires at the end of 2016, and Gazprom is keen to reduce the fee.
A proposal made at a Cabinet session suggested that the watchdog apply differentiated rates for natural gas and electricity.
The M6 highway is a vital link connecting Armenia with Georgia and beyond, providing the shortest link between the respective capitals.
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