Azerbaijan, Baku, Jan. 10 / Trend E. Ismayilov /
SOCAR will hold the scheduled repair work on the gas pipeline from Azerbaijan to Georgia during this year, a source on the oil and gas market said.
SOCAR, having distribution networks in Georgia, is an active participant in the market for retail gas sales in the country. SOCAR supplies gas to Georgia within the activity in the Georgian market through a pipeline linking the two countries in the Gazakh district of Azerbaijan. The power flow of gas through this pipeline is about 3 billion cubic meters of gas a year.
The planned repair work will be held on the gas infrastructure this year, uniting gas systems of the two countries, and in particular the gas pipeline," the source said.
Azerbaijan and Georgia signed an agreement in Nov. 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 Dec. 2008.
SOCAR exported 339,16 million cubic meters of gas to Georgia.