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Azerbaijan, Georgia and Romania to discuss prospects of Azerbaijani liquefied gas

Oil&Gas Materials 11 May 2010 15:10 (UTC +04:00)
Azerbaijan, Georgia and Romania today are discussing the prospects of Azerbaijani liquefied natural gas to Romania across the Black Sea within Azerbaijan-Georgia-Romania Interconnector project in Tbilisi, Azerbaijani Industry and Energy Ministry spokesman Azer Mansimli said today.

Azerbaijan, Baku, May 11 / Trend, E.Ismayilov /

Azerbaijan, Georgia and Romania today are discussing the prospects of Azerbaijani liquefied natural gas to Romania across the Black Sea within Azerbaijan-Georgia-Romania Interconnector project in Tbilisi, Azerbaijani Industry and Energy Ministry spokesman Azer Mansimli said today.

According to Mansimli, at present, Azerbaijaji Industry and Energy Minister Natik Aliyev is in Georgia. He attends the talks within the memorandum "Cooperation in the field of liquefied gas and its transportation", signed April 13, 2010.

The project on supplies of Azerbaijani liquefied natural gas to Romania envisages the construction of two terminals for liquefied natural gas - one in Georgia, the other in Romania. According to preliminary data, the project cost will amount to 4.6 billion euros.

The project envisages transporting Azerbaijani gas via pipelines to the Black Sea coast of Georgia, where the gas will be liquefied at a special terminal, after which the gas will be delivered to the terminal in the Romanian port of Constanta by tankers. Later the liquefied gas will be brought into the state of natural gas and using the gas infrastructure available throughout the country will be sent to cover the needs of Romania and other European countries.

In accordance with the memorandum the parties expressed their intention of development of energy transit corridor connecting the Caspian region and Europe as part of the Southern Corridor. Decisions on the sale of gas and the use of underground storage facilities of Romania, as well as study opportunities for increasing cooperation between the relevant agencies engaged in the energy sector were taken. Also the Romanian side's proposal to create a company in Bucharest to develop a feasibility study and determine the technical, technological, financial and legal aspects of the project Azerbaijan-Georgia-Romania Interconnector was adopted.

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