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Georgia discloses volume of gas to be received from Azerbaijan

Oil&Gas Materials 26 December 2019 16:18 (UTC +04:00)
Georgia discloses volume of gas to be received from Azerbaijan

BAKU, Azerbaijan, December 26

By Tamilla Mammadova – Trend:

According to the gas balance estimation for 2020, approved by the Minister of Economy and Sustainable Development of Georgia Natia Turnava, the projected volume of gas supplies to Georgia will amount to 2.57 billion cubic meters, Trend reports citing Georgian media outlets.

As reported, Georgia will receive 2.39 billion cubic meters (92.7 percent) of the required volume of gas from Azerbaijan. Of these, 1.51 billion cubic meters will be supplied by Azerbaijan's State Oil Company SOCAR, and 873.8 million cubic meters - by Shah Deniz consortium.

According to forecasts, deliveries from Russia will amount to 169.9 million cubic meters of gas (6.6 percent), while the projected volume of local production will be 17.9 million cubic meters (0.7 percent).

As for consumption, in 2020 the projected volume of gas by the public sector will be 1.6 billion cubic meters, of which one billion cubic meters is calculated for consumption by the population, and 600 million cubic meters of gas for consumption by thermal power plants.

The consumption forecast for the commercial sector is 911 million cubic meters, and gas losses are expected to be 35 million cubic meters.

Compared with the gas balance for the current 2019, gas supply and consumption is projected to reduce in Georgia in 2020.

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