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GIOGIE-2012 conference discusses importance of Southern Corridor for energy supply to Europe

Oil&Gas Materials 30 March 2012 00:08 (UTC +04:00)
The issue of using Southern Corridor for energy supplies to European markets was discussed at the eleventh GIOGIE-2012 international conference on oil, gas, energy and infrastructure held in Tbilisi on March 28-29.
GIOGIE-2012 conference discusses importance of Southern Corridor for energy supply to Europe

Georgia, Tbilisi, March 29 / Trend N.Kirtzkhalia /

The issue of using Southern Corridor for energy supplies to European markets was discussed at the eleventh GIOGIE-2012 international conference on oil, gas, energy and infrastructure held in Tbilisi on March 28-29.

Georgia is located at the strategic crossroads of transit of hydrocarbons in the Caspian region, which determines its transit importance, Georgian Oil and Gas Corporation (GOGC) told Trend on Thursday.

During the conference, 150 delegates from 15 countries also considered scenarios in the global energy sector up to 2021, energy projects in Georgia and energy security strategy in Georgia.

Deputy Minister of Energy Mariam Valishvili told Trend the main directions of Georgia's energy policy are energy security, diversification of gas supply, reconstruction of hydropower plants, construction of gas pipelines, attracting foreign investment and privatization.

"All these questions were discussed during the conference and some practical ways to address these issues outlined," she said.

The conference is officially supported by the Georgian Ministry of Energy and Natural Resources, Ministry of Environment, Ministry of Regional Development and Infrastructure, as well as the British-Georgian Chamber of Commerce (BGCC).

The traditional sponsors and participants include BP, Black Sea Terminal, Batumi Oil Terminal, Cross Caspian, Georgian Int'l Energy Corp. (GIEC), BNP Paribas, AmCham, Weatherford, White Stream Consortium and many others.

The conference is organized by ITECA Kavkasia company which is exclusive partner in Georgia of British ITE-Group Plc exhibition company with the official support of the Georgian Oil and Gas Corporation (GOGC), the Ministry of Energy of Georgia.

The First International Conference on Oil and Gas Energy was held in Georgia in 2002.

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