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SOCAR increases gas supplies to Georgia

Oil&Gas Materials 17 June 2009 16:14 (UTC +04:00)

Azerbaijan, Baku, June 17 / Trend /

The State Oil Company of the Azerbaijan Republic (SOCAR) exported 509 million cubic metre of gas in January-May 2009, compared to 52.8 million cubic metre in January-May 2008.

SOCAR exported about 51 million cubic metre of gas to Georgia in May 2009, compared to 40.5 million cubic metre of May 2008.

SOCAR commenced gas supplies to Georgia in April 2008. A total of 788.93 million cubic metre of gas was delivered to Georgia in 2008.

Earlier, Azerigaz Closed Joint Stock Company (CJSC) (distribution and sale of gas in the country's regions) finished restoring a gas compressor station in the Agdash region as part of increasing the Azerbaijani gas deliveries to Georgia. Fuel is delivered to Georgia via the Gazimahammad-Georgian border gas pipeline.

In mid-November 2008, Socar signed a 5-year memorandum with the Georgian Energy Ministry to provide gas deliveries to the country. Under the agreement, Socar will launch subsidiaries to supply gas to consumer groups pinpointed by the Georgian government. Socar subsidiaries will also service consumer groups failing to receive gas in Georgia

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