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SOCAR ups export of gas to Georgia in Sept.

Oil&Gas Materials 8 October 2010 17:47 (UTC +04:00)

Azerbaijan, Baku, Oct .8  / Trend /

SOCAR exported more than 247 million cubic meters of gas to Georgia in January-September compared to 233 million cubic meters in January-August, a statement said.

According to the report, SOCAR exported more than 14,3 million cubic meters of Azerbaijani gas to Georgia in September compared to 13.03 million cubic meters in August.

SOCAR supplies its own gas to Georgia via a pipeline linking the two countries in the Gazakh district of Azerbaijan as part of its activity on the Georgian market. Power flow of gas through this pipeline is 3 billion cubic meters of gas a year.

Azerbaijan and Georgia signed an agreement in November 2008 to create the possibility of intensifying SOCAR's activity on the Georgian gas market over the five years after 2009. According to the memorandum, SOCAR created the subsidiary SOCAR Georgia Gas to realize the project. It provides some groups consumer gas (social groups) determined by the Georgian government.

SOCAR and the Georgian government signed an agreement to transfer 30 gas distribution networks covering different regions in Georgia in late December 2008.

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