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News // Oil and gas worldwide

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11 March 2001 , 11:18316
The International Energy Corporation Itera stopped to supply the Georgian chemical enterprise ?Azot?with fuel. In a statement, announced by the Itera representation in Georgia, the reason for this cessation of supply is connected with the delay of payment by the intermediary company Also Trans International. The statement says the debt of the company amounts to $28 mln. But local observers say that Itera did not stand up to the competition with Also Trans International in the their recent dispute about the control of 90%shares of ?Azot?.

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