Gas talks between Azerbaijan and Georgia completed in Tbilisi
Azerbaijan will increase gas export to Georgia from 6 up to 7 million cub.m. a day, reported Georgian media quoting Makhir Mammadov, SOCAR’s representative in Georgia.
The agreement has been reached during the talks between SOCAR’s President Rovnag Abdullayev and Georgian Premier Georgii Kvirikashvili in Tbilisi on January 12, 2016.
Mammadov said that technical possibilities of gas export, especially during the peak period, have been discussed at the meeting. He added that the sides have agreed that the two countries’ experts continue work and the Azerbaijani side will increase volume of gas export to maximum up to 7 million cub.m. a day.
Georgian Minister of Energy and Natural Resources Kakha Kaladze said that Georgia will demand additional volumes of gas to satisfy the growing needs. He said that increase in the volume of export for Azerbaijan, which satisfies about 87% of Georgia’s annual consumption is impossible for technical reasons, especially during the winter season when gas consumption in Georgia reaches its peak.
“The both SOCAR’s pipelines, via which we receive gas, have been running at maximum capacity. However, in the future we have a possibility to implement the project, which will allow carrying additional volumes of gas via these pipelines,” said Minister. He said that Georgia will have to increase Russian gas import to fill the deficit.
Kaladze said that by 2019, when the Shah Deniz Phase 2 is planned to be launched, Georgia will receive additional 5% of the deliveries, which will make about 1.5 billion cub.m. and solve the problems with gas deficit in the country.
He also said that SOCAR has also expressed interest in construction of the gas storage in Georgia, which is planned to be implemented in 2016.
Georgia receives gas from two Azerbaijani sources. In 2015 about 750 million cub.m. of gas was exported to Georgia from the Shah Deniz Phase 1. In addition, 1.35 billion cub.m. of gas was imported to Georgia from SOCAR’s own fields.—0—
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- 15 January 2016 09:03
Economics
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