GEORGIA EXPECTS SERIOUS REVENUES FROM TRANSPORTATION OF OIL THROUGH BTC AS OF NEXT YEAR
(РљР°vkaz-Press) вЂ" Premier Minister of Georgia Zurab Nogaideli counts on considerable revenues from oil transportation as of the next year, when the Baku-Tbilisi-Ceyhan (BTC) oil pipeline will be commissioned.
At todayвЂ™s sitting of the government Nogaideli called reaching the AzerbaijanвЂ™s oil the Georgian border вЂ�a big achievement вЂњ and вЂњimportant eventвЂќ both for the country, and for the whole region.
According to him, the official inauguration ceremony of the oil pipelineвЂ™s Georgian section will take place in September. Nogaideli considers the BTC project implementation will affect the world prices stabilization, which yesterday hit the record mark of $ 62 per barrel. However, experts suppose, the oil price will reach $100 till the year-end.