Russian energy giant Gazprom has taken a decision to accept the Georgian position. The new contract does not change the tariff for Russian gas transit to Armenia. As a result, Georgia will receive 10% of the transit gas volume free of charge. The contract text has been already prepared and …
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Korea Hydro & Nuclear Power (KHNP), a Korean power company, is interested in making investments in Georgia. The company delegation has visited the Georgian Partnership Fund to receive information on the current situation in the Georgian power sector. According to the Georgian Partnership Fund, Korea Hydro & Nuclear Power (KHNP) …
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Georgia plans to completely refuse from electricity import from 2018, according to the outlook of Georgian Energy Ministry posted on its website. With electricity import totaling 0.75 billion kilowatt hours in 2015, by constructing new power plants, Georgia plans to reduce electricity import (shortage) to 0.21 billion kilowatt hours in …
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