// IP Marketing video - START// IP Marketing video - END

Azerbaijan raising gas tariffs for Georgia by more than 10%

Azerbaijan raising gas tariffs for Georgia by more than 10%

PanARMENIAN.Net - SOCAR Georgia Gas, a subsidiary of the Azerbaijani state oil company SOCAR, will increase gas prices for retail commercial consumers from March 1, 2019, local media reported citing a statement from the company.

The price of gas will thus be raised by 10.5% or $0.36 per cubic meter.

"The reason is the change in the rate of the Georgian national currency against the US dollar and the distribution tariff," the company said.

So far, SOCAR has invested more than $300 million in the process of providing the regions with gas and the development of gas infrastructure in Georgia, which enabled hundreds of thousands of families and commercial facilities to use natural gas.

 Top stories
Work will be performed in Alexandria, Virginia and Azerbaijan, and is expected to be completed in September 2020.
The exit polls only showed results for seats assigned by party lists, which represent half of the 450-member parliament.
A group of leading Turkish businessmen, academics and artists, including Osman Kavala, will go on trial.
Citizens of Armenia, Russia, Georgia and Kazakhstan were among the 60 travelers inside the bus that overturned not far from Siena.
Partner news