Georgia

Novak: technical and economic assessment of North-South to be ready in 2017

The technical and economic assessment of the North-South energy corridor Russia-Georgia-Armenia-Iran will be ready in H2 2017, the Minister of Energy, A. Novak, said.

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Georgia doesn’t rule out announcement of agreement with Gazprom on gas transit to Armenia in case of bilateral consent

The Georgian side can’t independently make a decision to disclose details of the agreement with Gazprom at the rate of the Russian gas transit to Armenia, said the Deputy Prime Minister, Ener

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Czech Energo-Pro to increase investments in Geolgian power grid by a third in 2017

The Czech company Energo-Pro, which owns several major energy facilities in Georgia, plans to invest in the reconstruction and development of electricity networks in the regions of the country 65 m

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Prime Minister of Georgia and BP’s head disucss extension of South Caucuses gas pipeline

The Prime Minister of Georgia Giorgi Kvirikashvili has met with chief executive of BP Robert Dudley on the margins of the World Economic Forum in Davos.

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As of beginning of 2017, total gas production from Shah-Deniz exceeded 78 bln cubic meters

As of January 1, 2017, the total volume of gas, produced from the Shah-Deniz field, amounted to 78.4 billion cubic meters, the first vice-president of SOCAR Khoshbakht Yusifzade reports.

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Turkmenistan and Georgia agree on oil transit

In accordance with the agreement, which was concluded between Georgia and Turkmenistan, the transit of 1.5 million tons of Turkmen oil per year will be carried out by the railway corridor of Georgi

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Ministry of Economic Development of Georgia: the country doesn’t have to buy Russian gas

The contract reached by Georgia and Gazprom doesn’t bind Georgia purchase the additional volumes of the Russian gas.

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Gazprom suggested Georgia a variant of mutually beneficial conditions of gas transit to Armenia

Gazprom made an offer to Georgia by the mutually beneficial conditions of gas transit to Armenia and gas supply to Georgia, Gazprom export reports.

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Georgia and “Gazprom” are about to agree on gas transit to Armenia

The vice premier, Minister of Energy of Georgia K.Kaladze will hold a meeting with the management of OOO “Gazprom-export”, regarding Russian gas transit to Armenia.

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Georgia refused to turn to monetary form of payment for gas transit of Gazprom

The Minister of Energy of Georgia, K. Kaladze, said that his meeting with the representatives of Gazprom upon the issue of signing the gas agreement had no result.

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