Georgia Oil and Gas

K. Kaladze: Gas pipeline from Iran to Georgia might go via Azerbaijan

The deputy PM of Georgia, Minister of Energy, K. Kaladze, said that the gas pipeline from Iran to Georgia might go via Azerbaijan. 
According to him, the gas pipeline might go via Armenia or Azerbaijan.
We haven’t discussed this issue with Iran, he said.
The Minster positively assessed the planned visit of the President of Azerbaijan, I. Aliev, to Georgia.
This proves our relationships are at a high level, he said.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Georgia plans to agree with Gazprom on the growth of gas imports

​Georgia plans to agree with Gazprom on the growth of gas imports. According to the Minister of Energy, K. Kaladze, the stake of the Russian gas in the total volume of consumption of the county might grow from 12% to 20%.
We keep negotiating with Gazprom aiming for the supply of additional volumes of gas to cover the increased need in Georgia, the Minister said hoping to reach an agreement in the framework of the meeting in Vienna on January 20th.
The Minister explained the necessity to increase the supply from Russia by the gas deficit in winter. Azerbaijan, the main strategic partner of the country, can’t ship larger volumes to Georgia by technical reasons as the pipeline doesn’t allow, the Minister of Energy said.
Currently Gazprom demands to turn 10% stake from the transit gas supplies to Armenia into monetary form as there are other ways of supplies to Armenia. Meanwhile Georgia doesn’t want to lose the status of a transit country as that will complicate the energy situation.
Georgia has been holding negotiations with Russia on the growth of import since September 2015.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

SOCAR to increase gas supplies to Georgia

SOCAR will maximize the flow of natural gas to Georgia to 7 million cubic meters per day.
This was said by head of SOCAR Energy Georgia Mahir Mammadov.
The Energy Minister of Georgia Kakha Kaladze after the meeting with the SOCAR’s head in Tbilisi reported that daily consumption of natural gas in Georgia exceeded 11 million cubic meters per day.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Natural gas deficit covering to be discussed with SOCAR

​According to G. Volsky, a member of the majority of the Parliament of Georgia, today the issue of covering the natural gas deficit will be discussed at the meeting with the representative of SOCAR. Recently the incorrect reports have been made.
Georgia by means of SOCAR receives from its strategic partner – Azerbaijan- a certain volume of gas which covers the major part of the need. From 2003 a certain part of the deficit is covered by Gazprom. Gazprom is interested in gas supply to Armenia and it depends on the passing via Georgia. So there is a mutual dependence, Mr. Volsky said.
There is a necessity to cover the deficit – it is about various volumes – from 40 mln cubic m of gas to 130-150 mln cubic m, and it is provided by Gazprom.
Mr. Volsky said that the details will be discussed today, mainly the price and then it will be decided from what source to cover the deficit.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Imperative requests of Gazprom

The situation around agreements of the Georgian Ministry of Energy with the Russian company Gazprom is heating up with each passing day more and more. Representatives of the opposition party have threatened with mass protests in the event of signing the enslaving agreements with Gazprom.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Georgia not to depend on the Russian gas – Minister

​Georgia will not depend on the Russian gas, the Vice-PM of Georgia, Minister of Energy, K. Kaladze, said, answering the question on the negotiations between Georgia and Gazprom on gas supply.
Georgia has good opportunities so as not to depend on the Russian gas. Based on the reality, in this issue Georgia is in a privileged position, Kaladze said.
In fact the supplies to Georgia are diversified as the country receives gas from various sources – from SOCAR, by the South-Caucasus gas pipeline and from Gazprom.
In future we might have an opportunity to receive gas from Turkmenistan, Iran, if the price is competitive, K. Kaladze said.
Previously the mass media of Georgia reported that the stake of the Russian gas in Georgia might grow.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Georgia announces of repeated breaks in Azeri gas supply

​In a number of cases SOCAR doesn’t provide continual gas supply to Georgia, the CEO of GOGC (Georgia Oil and Gas Corporation), D. Tvalabeshvili said.
The stake of gas extorted at Shakh-Deniz is about 30%, gas sold to SOCAR- 50%, 20%- to the Russian company. Recently gas consumption in Georgia has significantly risen. Sometimes there are problems with gas supply from SOCAR’s gas pipeline. So in a number of cases we have to keep the balance on the account of the Russian gas, D. Tvalabeshvili said.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Currently Georgia doesn’t plan to buy Gazprom’s gas

Currently Georgia doesn’t plan to buy Gazprom’s gas for the commercial sector, the Ministry of Energy of Georgia said.
The commercial sector can choose suppliers itself, is said in the letter signed by the deputy Minister of energy, M. Valishvili. Gas stake in the energy balance of Georgia is about 40%. In 2015 the demand for gas made up 2.4 bln cubic m. In the total consumption the population’s stake is 28%, of heat power stations – 27%, commercial sector-43%.
The Ministry of Energy says that the demand of the commercial sector is covered by SOCAR on the basis of the signed with it contracts and the need of the social sector (population and heat power plants) are covered in the framework of the long-term agreement between Georgia and SOCAR.
The main source of the social gas (1.35 bln cubic m in 2015) is a long-term contract with Shakh-Deniz consortium as well as 200 mln cubic m of gas received for the transit to Armenia, the rest volume is shipped by SOCAR.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Gazprom plans to ship gas to Armenia not only via Georgia

​The issue of the supplies of Russian gas to Armenia was one of the key ones at the meeting of Gazprom’s head, A. Miller, with the Vice-PM, Minister of Energy of Georgia, K. Kaladze, yesterday in Luxembourg. Now gas is pumped from Russia to Armenia via Georgia. The parties discussed the alternative routes of pumping.
Gazprom considers an opportunity of gas supply to Armenia via Iran. For that purpose the variants of exchange operations are worked out with the Iranian producers. Mr. Miller confirmed the discussion of this issue with the Minister of Energy of Georgia.
Georgia receives gas in exchange for gas transit of Gazprom and thus covers 10% of its needs in gas. In 2014 Russia shipped 300 mln cubic m to Georgia. Georgia terminated the direct gas import from Russia in 2006 due to the escalation of political relationships between 2 countries.
Now Georgia started to speak about the perspective of growing gas supplies from Russia. In late September Mr. Miller and Mr. Kaladze discussed the variants of expansion of cooperation. However, it caused a contradiction of the opposition in Georgia which in October held 2 meetings opposing a possible expansion of Gazprom in the local market.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Georgia is interested in Russian gas and would like to buy it from independent producers

Georgia would like to buy more Russian gas. This was announced during the round table "Power of Georgia" by Georgian Energy Minister Kakha Kaladze.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
Telephone: +7 927 303 00 25

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer