“Gas tariff depends on  many factors, including a volume of investments”

“Gas tariff depends on many factors, including a volume of investments”

access_time2019-09-11 08:25:41

According to Irina Milorava, Chair of the Georgian National Energy and Water Supply Regulatory Commission (GNERC), it is very difficult to forecast the effect of the national currency’s collapse  on energy tariffs and a rise in gas prices for the population .

 “The exchange rate of the national currency is definitely very important, but in December the tariff will be  revised as planned at the end of each year regardless the national currency’s rate  and other factors affecting the tariff,” she explains.

In Milorava’s words, the tariff is a complex issue and is set considering  many factors, including a volume of investments.


 “We will also consider the gas distribution tariff, which depends not so much on the national currency rate as on investments poured  in development. A new tariff for transportation is also to be set , the final consumer tariff depends on all these tariffs, ”she says.

According to Irina Milorava, last year gas prices for the population were not raised  due to a purchase tariff cuts.


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