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Russia Threatens Georgia With Gas Cutoff Over Debts

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  • Russia Threatens Georgia With Gas Cutoff Over Debts

    RUSSIA THREATENS GEORGIA WITH GAS CUTOFF OVER DEBTS

    ITAR-TASS news agency
    15 Jun 04

    Moscow, 15 June: "Gazprom" may limit gas supplies to Georgia over
    its outstanding debts, Aleksandr Ryazanov, deputy chairman of the
    company's board, said today.

    He said that Georgia's current debt for Russian gas amounted to about
    12m dollars. Despite promises to settle the payment in the near future
    and submit a schedule for paying off earlier debts, Georgia has failed
    to provide appropriate documents.

    Ryazanov said that talks with Georgia on the debt are planned for
    this week.

    "Gazprom" is committed to setting up a joint enterprise in
    Georgia. Georgia, however, has not yet accepted this proposal, Ryazanov
    said. A joint venture can either be engaged in joint sales of gas in
    Georgia or deal with upgrading Georgia's gas transportation system.

    "Gazprom" is interested in upgrading Georgia's gas transportation
    system since gas to Armenia passes through it, PRIME-TASS said.
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