Georgia

State Oil Company of Azerbaijan increases its stake in SOCAR Energy Georgia to 75.5%

SOCAR (State Oil Company of Azerbaijan Republic) increased its share in the Georgian subsidiary SOCAR Energy Georgia to 75.51%, SOCAR said in its annual report for 2017.

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Baku announces possibility of transportation of from Turkmenistan, Iran and Iraq via TANAP

Azerbaijan believes that transporting gas from Turkmenistan, Iraq and Iran via the Transanatolian gas pipeline (TANAP) may be considered in the future.

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In Q1, Azerbaijan increased export of electricity 8 times, import fell by 18%

In the first quarter of 2018, Azerbaijan exported 700 236.39 thousand kWh to the amount of $33 907.7 thousand, the Interfax-Azerbaijan was informed in the Government.

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Georgia reduces forecast of electricity import in 2018

The Ministry of Economy and Sustainable Development of Georgia, which since the beginning of this year also carries out functions and powers of the Ministry of Energy, has made adjustments to the c

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Abkhazia may face energy shortage. Russia and Georgia no longer ready to cover it

The stopping of the Inguri hydro power plant for a long-term repair in early 2019 could lead to the de-energization of Abkhazia.

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Georgia to start exporting electricity to Azerbaijan in the coming days

Georgia will begin exporting electricity to Azerbaijan in the coming days, Commercial operator of the electricity system of Georgia (ESCO) reported on Wednesday.

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In Q1, oil transit via Georgian pipelines grew by 2.8%

In January-March 2018, transit of oil through pipelines on the territory of Georgia amounted to 69.9 million barrels, which is by 2.8% more compared to the same period last year, Georgian oil and g

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In 2018, SOCAR exported 0.5 bln cubic meters of gas to Georgia

About 480 million cubic meters of gas were exported by the Azerbaijani state-owned company SOCAR to Georgia in the first quarter of 2018. This was reported by the company.

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Subsidiary of Inter RAO launches Chugureti substation in Georgia

The Georgian electricity distribution company Telasi, which is part of the Inter RAO group, has built a 35/6 kV two-transformer substation Chugureti that will replace the obsolete substation of the

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Azerbaijan and Romania prepare for realization of the project to transit liquefied gas to Europe

The AGRI (Azerbaijan-Georgia-Romanian Interconnector) gas pipeline system, which provides for the transportation of Azerbaijani gas to Europe, can become an important instrument for ensuring the EU

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