...

Georgia, White Stream Pipeline Company Limited to ink memo

Oil&Gas Materials 2 April 2009 15:58 (UTC +04:00)

Georgia, Tbilisi, April 2 / Trend , N.Kirtzkhalia/

The Georgian government and White Stream Pipeline Company Limited will legalize a memorandum on the gas pipeline project on April 3.

"The memorandum envisages mutual cooperation between the Georgian government and White Stream Pipeline Company Limited. Both sides are interested in cooperation to implement the gas pipeline project," Georgian Deputy Energy Minister Nino Yenukidze said.

White Stream envisages pumping gas from the Azerbaijani Shah Deniz field through Georgia via the Black Sea to Ukraine and the EU.

The pipeline will connect to the South Caucasus pipeline near Tbilisi and traverse Georgia to the Black Sea. Roughly 650 kilometers will reach Crimea and then Theodosia to connect with the Ukrainian transit system.

An alternative plan envisages extending an underwater pipeline to Romania.

The pipeline's initial capacity will be 8 billion cubic meters of gas per year. In this event, the gas pipeline will be fully provided with gas from Shah Deni. Later, White Stream can connect with the Transcaspian gas pipeline. In this case, the second pipeline will be laid via the Caspian Sea. White Stream's capacity will then increase to 24-32 billion cubic meters of gas per year.

Do you have any feedback? Contact our journalist at: [email protected]

Latest

Latest