Georgia, Tbilisi, April 17 /Trend corresp. N.Kirtzkhalia/
This year it is planned to invest an additional $ 84 million for the exploration and production of oil and gas in Georgia, said Minister of Energy and Natural Resources of Georgia Kakha Kaladze on Wednesday while visiting the areas of oil and gas companies "Gindal petroleum LTD" in Okami and Sartichala.
"Very big companies are interested in holding exploring works in Georgia. One of them is Indian company" Gindal petroleum LTD". It started drilling operations in January and has already began producing oil in March. It is about producing 25 tons per day, and there is a strong possibility to increase production up to 50,000 tons. As experts suggest, our country has oil, and God forbid, that it would be so much oil, that it would be enough for all of Georgia, " said Kaladze.
The minister noted that a few companies that have already received the license for exploration entered the country.
"Since 2013 it is planned to invest in this sector an additional 84 million investment. That the oil production has started generates a new interest from investors," noted Kaladze.