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Moscow threatens to double Georgia's gas prices

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Moscow threatens to double Georgia's gas prices


As the political crisis escalates between Russia and Georgia, Moscow has threatened to double gas prices for Tbilisi, charging the same as it does for Europe’s rich nations.

Relations between the two have deteriorated since 2004 under Mikhail Saakashvili who has sought to reduce dependency on Russia.

The former Soviet nations are divided over a number of issues including Tbilisi’s ambitions to join the EU and NATO, and Georgia’s breakaway regions which are backed by the Kremlin.

“I do hope that they are less political, in this pricing and formula of pricing, than commercial,” said Georgian Foreign Minister Gela Bezhuashvili on a visit to Moscow. “I do hope that we will get a clear explanation of the pricing formula,” he added.

In January, Georgians suffered severe gas shortages and minus 20 degree temperatures after supplies from Russia were cut in what Tbilisi branded an “energy blockade”.

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