Georgian Economy and Sustainable Development Minister Georgi Kobulia stated that Tbilisi and Gazprom Export are negotiating a new agreement on the transit of Russian natural gas to Armenia. According to him, they should be completed within two weeks.

“We are talking about a significant improvement in the terms of the contract. We believe that the negotiations will be completed in two weeks, and we will report everything that will not be confidential, ”RIA Novosti quotes the Minister.

The term of the previous two-year contract expires on December 31, 2018, but its terms are valid until a new contract is concluded.

According to the terms of the last contract between Georgia and Gazprom Export, in 2017 gas transit to Armenia was paid by a mixed system - partly in cash, and partly in raw materials. In 2018, transportation was paid only in cash.

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