Georgia

Georgia and Azerbaijan agree on oil transit from Turkmenistan

Georgia and Azerbaijan have come to an agreement on a tariff for oil transit from Turkmenistan. This is reported on the website of the Georgian Railways.

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Import of petroleum products to Georgia increased

In 2019, deliveries of petroleum products to Georgia increased by 5.7% compared to the previous year to 1.41 million tons, international independent pricing agency Argus informs.

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Inter RAO UES to illuminate Abkhazia: Russia begins energy supplies to the republic

According to the Kommersant’s information, since February 1 Russia has started supplying electricity to Abkhazia, which is suffering from rolling blackouts due to low water content of Ingur h

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Georgia postpones completion of underground gas storage near Tbilisi from 2022 to 2024

The construction of Georgia's first underground gas storage facility, which was scheduled to start in 2019 and be completed in 2022, has been postponed to 2020 with completion by 2024.

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Georgia announces an international tender for oil and gas production on the Black Sea shelf

The state oil and gas agency of Georgia has announced an open international tender for a general license for the use of oil and gas resources on the Black Sea shelf.

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In 2019, Azerbaijan exported over 1.1 billion kW of electricity to Georgia

In 2019, electricity production in Georgia amounted to 11 864.7 million kWh, which is by 2.3% less than in 2018, as it follows from a report of the Commercial operator of the Georgian electric powe

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Georgia to receive more than 1.1 billion cubic meters of gas for transit from Azerbaijan by 2023

The total amount of gas that Georgia will receive for transit of natural gas from Azerbaijan through the Southern Gas Corridor project will exceed 1.1 billion cubic meters by 2023.

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RMK hired Severin to audit Malmyzh

The project auditor for the development of the Malmyzhsky gold-copper deposit (Amur Minerals LLC, a part of the RMK group) will be Severin Development, Amur Minerals reports.

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In October 2019, 100% of Georgia's aviation fuel imports came from Turkmenistan

Deliveries of aviation fuel from Turkmenistan account for the entire volume of imports of this type of petroleum products by Georgia.

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Azerbaijan increased electricity production by 4.9% in the first 9 months, export - by 42%

In January-September 2019, electricity generation in Azerbaijan amounted to 19.6 billion kWh, which is by 4.9% higher than in the same period of the previous year, Energy Minister Parviz Shahbazov

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