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Azerbaijan Continues Gas Supply to Georgia

Oil&Gas Materials 10 November 2008 17:09 (UTC +04:00)

Azerbaijan, Baku, 10 November/ Trend / SOCAR (State Oil Company of Azerbaijan) exports about 1.5mln cu m of gas to Georgia a day, a source in the government said.

SOACR produces gas from fields independently.

SOCAR has signed gas supply contract with Georgia. SOCAR plans to deliver over 600mln cu m of gas to Georgia in 2008.

In 2007, the volume of gas supply to Georgia totaled to 1.2mln and 1.3mln cu m a day. Azerbaijan supplied gas at $120 for 1,000 cu m. The cost of gas exported to Georgia was expected to rise in 2009. But the current prices are not divulged.

The correspondent can be contacted at: с[email protected]

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