Work on feasibility work of AGRI project comes to end

Work on a feasibility study for the AGRI project (Azerbaijan-Georgia-Romania Interconnection) is coming to an end, Natig Abbasov, Deputy Minister of Industry and Energy Azerbaijan, said at the international conference "Establishment of Bridges" in Baku.

Abbasov said that up to 2 billion cub.m. are planned to be exported via AGRI during the first stage, and from 5 to 8 billion cub.m. of gas during the second stage. "Despite participation of Azerbaijan, Georgia, Romania and Hungary in the project, other countries, such as Ukraine and Bulgaria are also interested in it. Some countries even offer to build the gas liquefying terminals on their territories, but the proposals will be considered after AGRI implementation," Abbasov said. 

On September 14, 2010 in Baku SOCAR, Romgaz and GOGC signed a memorandum of mutual understanding between Azerbaijan, Romania and Georgia to establish a joint company to implement the AGRI project. The project envisages deliveries of liquefied gas from Azerbaijan to Romania via Georgia.-0-