...

SOCAR reveals volume of gas export to Georgia

Oil&Gas Materials 3 October 2016 20:47 (UTC +04:00)

Baku, Azerbaijan, Oct. 3

By Maksim Tsurkov – Trend:

Azerbaijan’s state oil company SOCAR has exported more than 725 million cubic meters of gas to Georgia in three quarters of 2016, a source in SOCAR told Trend Oct. 3.

“The daily supply is kept at more than 2.5 million cubic meters of gas. With the onset of winter, when the demand for gas will increase in Georgia, the supply volume will be increased accordingly,” said the source

SOCAR exported 1.36 billion cubic meters of gas to Georgia in 2015.

SOCAR annually provides Georgia with 1.5 billion cubic meters of gas produced at Azerbaijani fields with the company’s own funds without participation of foreign companies.

Meanwhile, Georgia annually receives about 1.5 billion cubic meters of gas produced at Azerbaijan’s Shah Deniz field with participation of SOCAR and foreign companies.

BP is the technical operator for developing the Shah Deniz field.

Azerbaijan is the main gas supplier to Georgia, as the country accounts for around 75 percent of Georgia’s gas import.

---

Follow the author on Twitter: @MaksimTsurkov

Tags:
Latest

Latest