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SOCAR operates within gasification program in Georgia

Oil&Gas Materials 16 February 2011 18:35 (UTC +04:00)

Azerbaijan, Baku, Feb. 16 / Trend E.Ismayilov /

SOCAR intends to invest about $ 30 million within the gasification program of 31 gas facilities this year, the source at SOCAR Energy Georgia said.

It is planned to cover 150,000 new potential subscribers from 60,000 within the three-year program before the reconstruction work and gasification are launched.

"The work is underway. The investments worth $30 million will be made in the gasification process," the source said.

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

In April, SOCAR Energy Georgia acquired a gas distribution network in the Marneuli region populated by Azerbaijani community. Marneuli has 31 gas supply grids operated by SOCAR Georgia.

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