Hungary interested in rapid implementation of AGRI project
Georgia, Tbilisi, Feb.17 /Trend, N.Kirtskhalia /
Hungary is highly interested in the rapid implementation of the AGRI (Azerbaijan-Georgia-Romanian Interconnector) project on transportation of Azerbaijani liquefied gas to the European countries in transit through Georgia, Prime Minister of Georgia Nika Gilauri said following the meetings in Budapest on Friday.
Mr Gilauri met with Hungarian President Pal Schmitt, Prime Minister Viktor Orban and Speaker Laszlo Kover in Budapest.
Mr Gilauri stressed that Hungary is one of the participants of the project.
"These meetings stressed that Hungary is very interested in this project," Mr Gilauri said.
The participants in the AGRI project are the State Oil Company of Azerbaijan (SOCAR), the Georgian Oil and Gas Corporation, as well as the MVM company (Hungary) and Romgaz (Romania). Chairman of AGRI Board of Directors is SOCAR Deputy Vice-President on Investment and Marketing Vitaly Beylarbeyov.
This project envisages supply of liquefied gas from Azerbaijan through Georgia and the Black Sea to Romania, Hungary, as well as to other European countries
The capacity of the AGRI Project is considered in three variants - 2 billion cubic meters of gas per year, 5 billion cubic meters and 8 billion cubic meters. According to preliminary data, depending on the project capacity, its costs will vary from 1.2 billion to 4.5 billion euros.
The AGRI project envisages transporting Azerbaijani gas via pipelines to the Black Sea coast of Georgia, where the gas will be liquefied at a special terminal. The gas will then be delivered to a terminal at the Romanian port of Constanta via tankers.