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SOCAR reveals gas supply volumes to Georgia

Oil&Gas Materials 7 June 2018 17:06 (UTC +04:00)

Baku, Azerbaijan, June 7

By Maksim Tsurkov - Trend:

Azerbaijan's state oil company SOCAR exported about 640 million cubic meters of gas to Georgia in January-May 2018, a source in the oil and gas market told Trend on June 7.

"Over the past five months of 2018, SOCAR supplied 640 million cubic meters of gas to Georgia. The average daily export was about 4.2 million cubic meters of gas," the source said.

In 2017, SOCAR exported 1.38 billion cubic meters of gas to Georgia.

The company supplies its own gas to Georgia via the Hajigabul-Gazakh-Gardabani pipeline. The pumping capacity of the gas pipeline after its modernization exceeds 3.5 billion cubic meters per year.

SOCAR operates gas distribution networks in various regions of Georgia via SOCAR Georgia Gas.

According to Georgia’s gas balance for 2018, in general, the country’s natural gas demand will stand at more than 2.689 billion cubic meters.

Meanwhile, Georgia plans to obtain 2.679 billion cubic meters (99.65 percent) of gas from Azerbaijan, including 1.866 billion cubic meters from the state oil company SOCAR and 813 million cubic meters, produced as part of development of the Shah Deniz field.

The remaining part (9.41 million cubic meters) will be provided thanks to local production.

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Follow the author on Twitter: @MTsurkovTrenda

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