Georgia

Sovcomflot, Zvezda and Novatek intend to sign contracts for another 10 gas carriers in July

Sovcomflot, shipyard Zvezda and Novatek plan to sign contracts for 10 more gas carriers for the Arctic LNG 2 project in July, the head of Sovcomflot Igor Tonkovidov told reporters.

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State oil company of Azerbaijan increases its share in SOCAR Energy Georgia to 91.8%

SOCAR increased its equity participation in its Georgian subsidiary SOCAR Energy Georgia LLC to 91.8%.

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OMV to produce oil and gas in Georgia

The Austrian oil company OMV will produce oil and gas in Georgia, and a contract will be signed in the near future.

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Gazprom forecasts export price of gas in 2020 at the level of $130-140 per 1 thousand cubic meters

According to Gazprom's forecast, the company's gas export price in 2020 will be at the level of $130-140 per 1 thousand cubic meters.

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Georgia reduces purchases from Azerbaijan by 2.4% in gas balance for 2020

Georgia, which meets its needs for natural gas mainly through imports, has revised its forecast for the current year for the third time since the b

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In balance of natural gas for 2020, Georgia reduces its supplies from Azerbaijan by 2.1%

Georgia, which meets its needs for natural gas mainly through imports, has revised its forecast for the current year for the second time since the

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Georgia to increase natural gas imports by 2.66 billion cubic meters in 2020

Georgia plans to increase natural gas imports to the amount of 2.66 billion cubic meters.

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Serbia will not succumb to attempts to stop the Turkish Stream

Serbia insists on the implementation of the Turkish Stream gas pipeline project and does not support sanctions against Russia.

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Construction of a 4 million ton refinery to begin in Georgia in 2021

Construction of the first oil refinery in Georgia next to SOCAR oil terminal operating in Kulevi should begin in 2021 and be completed in three years, the Interfax reports, citing executive directo

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