The Economy Ministry speaks about the successful results of negotiations with Gazprom.
Deputy Minister of Economy, Natia Turnava, said that the transit fee was increased and Russian gas price was reduced.
“The Ministry of Economy has completed its negotiations with Gazprom onthe transit of the Russian gas to Armenia. Despite of long and difficult negotiations, we were guided by two basic principles, and both principles are well kept. First of all, it is our country"s energy independence and security. I can tell you that two most important strategic segments of our market - population and electricity generation - are fully supplied and will still be supplied with Azeri gas. Azerbaijan remains our main supplier and strategic partner in the field of gas. Moreover, the share of Azeri gas will further increase in the Georgian market in the coming years, after the Shah Deniz Stage 2 is fully launched.

The second task was improvement of our positions with Gazprom. We have improved both positions: the transit fee has been increased and the Russian gas price has been reduced, in case any private business is interest
ed in this alternative. The contract has been extended for 2 years and it will be valid during 2019-2020, "Natia Turnava said.