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Wärtsilä Norway AS is a wholly owned subsidiary of Wärtsilä Corporation in Finland. Wärtsilä enhances the business of its customers by providing them with complete lifecycle power solutions. When creating better and environmentally compatible technologies, Wärtsilä focuses on the marine and energy markets with products and solutions as well as services. Through innovative products and services, Wärtsilä sets out to be the most valued business partner of all its customers. This is achieved by the dedication of more than 18,000 professionals manning 160 Wärtsilä locations in 70 countries around the world.
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Thorvik International Consulting AS provides services for European energy and environment industries, in recruitment, strategy and government affairs work.
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'We will not bow to blackmail'
Georgia defies Gazprom demands
By Upstream staff
Georgia rejected a compromise deal with the Russian gas monopoly Gazprom today, leaving it with the prospect of either paying twice the price for Russian fuel or having supplies cut off.
Moscow is locked in a bitter row with its ex-Soviet neighbour and has already severed transport links. A threat to gas supplies - which Georgia depends on - would dramatically ratchet up the standoff.
State-owned Gazprom says it wants Georgia to pay $230 per 1000 cubic metres of gas next year, rather than the $110 per Mcm it pays now. It says if no new contract is signed, supplies will be cut.
Gazprom offered to soften the increase if Tbilisi handed over control of its domestic gas distribution network to Russia.
Georgian Prime Minister Zurab Nogaideli rejected that offer.
"I want to repeat once again - we are not going to bow to blackmail," he told a Cabinet meeting.
Energy Minister Nika Gilauri, asked by Reuters if Georgia might cede energy infrastructure to Gazprom, replied: "Never."
Russia supplies almost all of Georgia's gas needs. The Georgian government is seeking alternative suppliers but they are not ready to replace Russian gas in full.
Tbilisi claims Moscow is using gas as a political tool to punish it for its pro-Western policies. Gazprom says the increase is purely commercial.
If the price stays at $230 per Mcm, Georgia, where the average monthly income is just over $100 a month, would pay the same for its gas as rich countries such as Germany and Italy.
Russia imposed sanctions on Georgia last month after Tbilisi briefly detained four Russian soldiers it accused of spying.
The dispute tapped into long-running enmity over Tbilisi's drive to join Nato and the European Union and shake off the influence of its former imperial master.
Moscow props up separatist governments in two breakaway regions of Georgia. A 12 November referendum on independence from Georgia in one of the regions, South Ossetia, could provide a new flashpoint.
Alarmed at the prospect of a gas cutoff, a leading Georgian opposition figure urged Nogaideli to seek a compromise.
"The prime minister should explain if his statement means Georgia will be left without gas this winter because for now there is no real alternative to Russian gas," Interfax news agency quoted lawmaker David Berdzenishvili as saying.
Wednesday, 08 November, 2006, 12:48 GMT | last updated: Wednesday, 08 November, 2006, 12:48 GMT
First shot: Georgia's Foreign Minister Gela Bezhuashvili had earlier tried to defuse the crisis
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