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SOCAR Energy Georgia to increase number of gas consumers twice in Georgia

Oil&Gas Materials 20 May 2009 13:57 (UTC +04:00)

Azerbaijan, Baku, May 20 / Trend , E.Ismayilov/

The SOCAR Energy Georgia is planning to increase the number of gas consumers twice to 57,000 in Georgia this year, head of the company Mahir Mammadov said.

"The number of consumers reaches 60,000, but we are planning to increase their number up to 57,000," Mammadov added.

The company plans to increase the total number of gas consumers up to 150,000 within three years.

Currently, company reconstructs gas distribution networks, Mammadov said.

On Dec. 26, SOCAR and the Georgian Government signed an agreement to operate 30 farms, and gas distribution networks in the Kakheti, Mtskheta-Mtianeti, Shida and Kvemo Kartli, Adjara, Guria, Imereti, Samegrelo regions of Georgia. These networks are operated by 24 companies.

The total investment to the project is $40 million. The amount of invested funds exceeded $3 million. These funds were invested to purchase of metal and plastic pipes, certain infrastructure work have been done in Ajara (the process to provide gas to Ajaria was began in mid-2008), design work and etc., said Mammadov.

In April, SOCAR Energy Georgia acquitted a gas distribution network in the Marneuli region.

The Wissol company was the previous owner of the gas distribution network on Marneuli.

The purchase of gas distribution networks and development of projects are not included into $40 million investment program.

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