GAZPROM RESUMES SUPPLIES TO GEORGIA, ARMENIA VIA MAIN PIPE

Prime-Tass English-language Business Newswire
December 21, 2006 Thursday 6:57 PM EET

Russian natural gas monopoly Gazprom has resumed supplying natural
gas to Georgia and Armenia via the pipeline usually used to supply
those countries with gas, an official with the Georgian Oil and
Gas Corporation, the company responsible for the pipeline, told
Prime-Tass Thursday.

A part of the pipeline in northeastern Georgia that was damaged by a
landslide was repaired late Wednesday, an official with the company
said earlier. The landslide resulted in a shut down of the pipeline
Monday and forced Gazprom to supply gas to Georgia and Armenia via
a smaller reserve pipeline.

Gazprom currently supplies gas to Armenia and Georgia via the Northern
Caucasus-Zakavkazye pipeline at a price of U.S. $110 per 1,000 cubic
meters. The pipeline has the capacity to transport 16 million cubic
meters of natural gas per day. In January, Gazprom suspended gas
supplies to Georgia and Armenia for a week after an explosion along
the pipeline.