Transportation of natural gas via the South Caucasian gas pipeline gas been restored, the Georgian Oil and Gas Corporation told Regnum news agency.
However, at present Georgia receives 1.8 million cub.m. of gas a day from the Azerbaijani Shah-Deniz field instead of the planned 2.5 million cub.m.
Transportation of gas via the South Caucasian pipeline (Baku-Tbilisi-Erzurum) was suspended on February 7, 2014, because of the problems on the Sangachal terminal in Azerbaijan. The problems have been solved by February 8, 2014 morning, but Azerbaijani specialists claim that the situation will be better by February 10 morning and after that gas transportation to Georgia and Turkey will be resumed.
The Oil and Gas Corporation reported that despite suspension of gas transportation via the South Caucasian pipeline the Georgian population has no problems with gas supply and the Georgian distribution companies received additional gas volumes from other gas pipelines (Hajigabul-Gardabani, which is owned by SOCAR).
Gas is transported from the Azerbaijani Shah-Deniz field to Turkey and Georgia via the South Caucasian gas pipeline. 692-km-long gas pipeline Baku-Tbilisi-Erzerum was built by BP and its partners and was put into operation in September 2006. Construction of a new 12-km-long gas pipeline, which connected the South Caucasian pipeline with the Georgian gas supply system, completed near Gardabani in 2006 and after its launching in January 2007 Georgia received the first gas from Azerbaijan via the pipeline.—0—
Economics
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By the end of 2024, inflation in Azerbaijan is projected at 5.1%, increasing to 5.8% in 2025, as per the Central Bank's announcement. Just six months ago, in April, the bank had forecasted inflation at 3.5% for 2024 and 4.2% for 2025.
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The Cabinet of Ministers of Azerbaijan has approved the charter of the "Tourism and Recreation Zones Management and Development Center," a public legal entity under the State Tourism Agency. The decision, made on November 4, is intended to fulfill the requirements outlined in the presidential decree from August 2, 2024.
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A new desalination plant to produce drinking water is set to be built in Sumgait, Azerbaijan, as part of a project aimed at meeting increasing water demands in Baku and the Absheron Peninsula. The project was announced on November 5 during a bid-opening ceremony for proposals submitted in a tender for the plant’s development, according to the Turan news agency.
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Heydar Aliyev International Airport (GYD) has solidified its role as a critical transit hub for Azerbaijan, connecting Baku to over 80 international destinations across more than 30 countries. With routes linking major European cities like London, Paris, and Rome, as well as strategic points in the Middle East, Central, and South Asia, the airport has become central to Azerbaijan’s tourism and transit expansion.
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