This Resolution establishes the following: 1. Tariff Setting Methodology for Natural Gas shall be approved (Annex N1); 2. “Regulated Asset Depreciation/amortization Norms for Tariff Regulated Enterprises” shall be approved (Annex N2); 3. Upon entry into force of this Resolution the Resolution N6 of Georgian National Energy and Water Supply Regulatory Commission of September 8, 1999 on “Approving Natural Gas Tariff Setting Methodology” shall be declared invalid; 4. This Resolution shall enter into force on the date of its publication.

Standard Conditions regulate the terms and rules of Balancing Electricity purchase by the Enterprise from the Electricity Market Operator as well as other issues connected with these legal relations. Standard Conditions are completing the regulations established by active legislation (including the Market Rules).

Standard Conditions regulate the terms and rules of Balancing Electricity purchase by the Electricity Market Operator from the Enterprise as well as other issues connected with these legal relations. Standard Conditions are completing the regulations established by the legislation in force (including the Market Rules). The active legislation regulates the issues not considered by Standard Conditions

Standard Conditions regulate the terms and rules of Balance Electricity purchase by the Enterprise from the Commercial Operator as well as other issues connected with these legal relations. Standard Conditions are completing the regulations established by the legislation in force (including the Market Rules).

Standard Conditions herein represent the contract terms and intended for multiple use, composed by one party – Ltd “Electricity System Commercial Operator” for the Qualified Enterprise, authorized to take part in the wholesale trade of electricity (based on the Law of Georgia on “Electricity and Natural Gas” and The Market Rules), which buys the Balance Electricity from the Commercial Operator, without the Direct Contract signed in advance. Standard Conditions regulates the terms and rules of purchase of Balance Electricity by the Enterprise from the Commercial Operator as well as other issues connected with this legal relations. ---For the purpose of Standard Conditions, Balance Electricity is the electricity purchased by the Enterprise (as a result of excessive consumption) from the Commercial Operator to meet actual needs.----Includes amendments until 2009.

Price of Balancing Electricity, Purchased by ESCO from Deregulated Power Plants, 2011-2015.

The rule herein establishes the regulations and conditions of the Ministry of Energy (hereinafter referred to as the Ministry) conducting research of expressed interest to conduct the technical and economical study of the construction of power plants in Georgia; their construction, ownership and operation; also, the application submitted by the interested parties; finding the winner and signing the memorandum of understanding on technical and economical study of the construction, construction, ownership and operation of the power plants.

According to the Law of Georgia on “Electricity and Natural Gas”, in the event that the agreement is reached between the Government of Georgian, the Electricity System Commercial Operator and appropriate person (investor) as well as in case of signing the power purchase agreement , ESCO carries out compulsory purchase of the electricity (capacity), generated by the newly built power plant (generation licensee and/or small capacity power plant), in compliance with the legislation in force. The Decree #107 of Georgian Government - “State Program “Renewable Energy 2008”, about the Approval of the Rule to Enable Construction of Renewable Energy Sources in Georgia”, dated April 19, 2008, regulates the mentioned issue. This degree provides for details in particular on the conditions for building, operating and owning the Power Plants. - As of 21.09.2013.

This Law regulates the organized activity or action concerning indefinite circle of persons, characterized by increased danger for human life or health, covering especially important state or public interests or related to use of state resources. In the case prescribed by the Law, this law may also apply to an unorganized activity or action. In addition this Law regulates the area regulated by license and permit, define comprehensive list of the types of licenses and permits, stipulate the rules of issuance of license and permit, their amendment and cancellation. Among licenses there are: Electricity production license; Electricity transmission license; Electricity dispatching license; Electricity distribution license; Natural gas distribution license; Natural gas transportation license; Oil processing license; Natural gas processing license; Oil transportation license. Moreover to the user licenses belong: General license of use of oil and gas resources: a) special license of oil and gas search; b) special license of oil and gas production.

The Republic of Turkey Climate Change Action Plan 2011-2023 provides for a road map that covers all sectors and identifies our short, medium and long-term targets for combating climate change. The aim is to integrate Turkey’s future development and environmental plans and to proceed seamlessly, and without losing pace. After an overview on the Plan, the document covers these specific themes, their purposes and objectives: Energy Sector, Buildings Sector, Industry Sector, Transportation Sector and Waste Sector.---Note: BEP: Building Energy Performance.