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Azerbaijan exports about 5mln cu. m. of gas per day to Georgia

Oil&Gas Materials 28 March 2011 14:15 (UTC +04:00)

Azerbaijan, Baku, March 28 / Trend /

Azerbaijan exports about 4.7 million cubic meters of gas per day to Georgia today, a source in the oil and gas market said on Monday.

Of the total gas supply 2.4 million cubic meters of gas fell to the Shah Deniz field and 2.3 million cubic meters - SOCAR's own gas.

SOCAR exported 339.16 million cubic meters of Azerbaijani gas to Georgia in 2010.

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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