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Georgia seeks new ways for energy supplies to Europe

Business Materials 7 December 2011 12:32 (UTC +04:00)
Georgia is interested in electricity exports to Europe via Bulgaria, Minister of Economy and Sustainable Development of Georgia Vera Kobalia said to journalists in Sofia. He was summarizing his visit to Bulgaria.
Georgia seeks new ways for energy supplies to Europe

Georgia, Tbilisi, Dec. 7 /Trend N.Kirtzkhalia /

Georgia is interested in electricity exports to Europe via Bulgaria, Minister of Economy and Sustainable Development of Georgia Vera Kobalia said to journalists in Sofia. He was summarizing his visit to Bulgaria.

Kobalia headed the delegation to the meeting of Georgian-Bulgarian intergovernmental committee in Bulgaria.

"Georgia is developing its energy opportunities, producing ecologically safe electricity at hydro-power stations and is interested in electricity exports abroad," Kobalia noted. "There is growing demand for safe electricity because of renunciation of nuclear power.

Georgia intends to double its power capacities by building new hydro power stations by 2015. Georgia will produce additional power volumes amounting to 1,500 megawatt from hydro power stations under construction.

Georgian Energy Secretary Alexander Khetaguri stated earlier that additional power will be exported, but not directed at reducing tariffs in the country. The minister noted that Georgia is increasing its transit possibilities and building new electricity transmission lines in the direction of Azerbaijan and Georgia.

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