SOCAR decides not to raise gas prices in Georgia

"The company does not plan it in near future."

SOCAR refused to increase gas tariffs for commercial customers in Georgia, "SOCAR Energy Georgia" (a subsidiary of the State Oil Company in Georgia) reports.

"SOCAR will not raise gas prices for commercial customers in Georgia. The initiator of the price increases for commercial structures was the "KazTransGas - Tbilisi" company.

After the spread of their claims, we also had some thoughts on this. In this case, we did not consider the price increase for bakery and educational institutions, but in the end rejected this idea," the company said.

According to the source, the notice of "KazTransGas" is still valid. "KazTransGas-Tbilisi" LLC to raise tariffs for gas for legal persons to GEL 0.9 ($ 0.44) per cubic meter from March 1, Oxu.Az with reference to the Georgian media.

"Despite this, the price of Azerbaijani gas will not rise, and this is not in the immediate plans of the company. Also, there were no appeals on the price increase. Of course, we are experiencing some difficulties due to the devaluation of the national currency of Georgia, but we will find all the resources necessary to compensate losses within the company, and not by raising prices," the company believes.

Currently, the tariff for natural gas in Tbilisi is GEL 0.4562 ($ 0.22) per cubic meter, and in the regions - from GEL 0.4 (about $ 0.2) to GEL 0.5 ($ 0.24) per cubic meter. (News.Az)