SOCAR holding talks on new project for gas supply to Georgia’s mountainous regions
Baku, Azerbaijan, Sept.25
By Leman Zeynalova – Trend:
Azerbaijan’s state oil company SOCAR is currently holding talks on a new project for gas transportation to Georgia’s mountainous regions, Ibrahim Ahmadov, deputy head of the SOCAR public relations and events department, told Trend.
“Since the beginning of this year, SOCAR Georgia Gas has been considering investment potential in the construction of a virtual gas pipeline in two high-altitude tourist destinations in the western regions of Georgia. The appraisal examination for economic feasibility revealed that one of the projects does not have investment attractiveness due to the low consumption forecast. This is while talks are underway with developers in the field of tourism on the second project. If the construction of a new hotel complex begins, the supply of natural gas through a virtual gas pipeline will be of commercial interest,” he said.
SOCAR implemented Virtual Gas Pipeline project in Georgia for the first time in 2018.
The Virtual Gas Pipeline is a method of gas supply to mountainous, difficult-to-reach regions, where it is almost impossible to build a gas pipeline. That’s to say, gas is transported to settlements in special containers, instead of the pipeline. The pilot project was implemented in Sairme.
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