Azerbaijan to increase gas supply to Georgia in winter seasons (UPDATE)
Headline changed, details added (first version posted at 13:39)
Baku, Azerbaijan, Jan. 29
By Maksim Tsurkov - Trend:
Azerbaijan's state oil company SOCAR has reached an agreement with the South Caucasus Pipeline and Shah Deniz consortiums to increase gas supply to Georgia in winter seasons.
SOCAR said it conducted talks based on an appeal from Georgia on assistance in optimizing gas supply from Azerbaijan.
The company said all the members of the Shah Deniz and South Caucasus Pipeline consortiums agreed to review the seasonal restrictions set by relevant agreements on gas supply from the Shah Deniz field to Georgia.
"As a result of the reached agreement, in winter seasons only the gas supply to Georgia will increase by 50 million cubic meters," added SOCAR. "The support for the Georgian side's appeal is also indicative of good-neighborly relations between Azerbaijan and Georgia, and serves as an undisputed basis for strengthening and developing the mutually beneficial cooperation in the future."
Earlier, SOCAR representatives held talks with Georgia's government and discussed the technical issues of gas supply, as well as the possibility of increasing the supplies.
Azerbaijan exported 1.6 billion cubic meters (bcm) of gas to Georgia in 2015.
The gas from Azerbaijan to Georgia is delivered via the Baku-Tbilisi-Erzurum gas pipeline, which transports the gas produced at the Shah Deniz gas and condensate field in the Azerbaijani sector of the Caspian Sea.
SOCAR supplies its own gas to Georgia via a pipeline that passes through Azerbaijan's Gazakh district.
The pipeline's transportation capacity is about three bcm a year.
Follow the author on Twitter: @MaksimTsurkov