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Georgian government intends to provide country with gas, primarily at expense of Shah-Deniz field

Oil&Gas Materials 30 May 2006 14:35 (UTC +04:00)

The Georgian government holds negotiations with the members of the Shah-Deniz consortium and the Turkish company in order to achieve the gas delivery to the country. The Georgian government is going to provide the country with the necessary volume of the gas, primarily at the expense of Azerbaijan Shah-Deniz field, Trend reports with reference to the Georgian international gas corporation.

In accordance with the agreement made with the Azerbaijani and Turkish sides, Georgia will receive the volume of the gas that is expected to be transited, told the same source. Official Tbilisi, however, holds intensive negotiations on the increase of its quota.

The corporation expressed that the diversification of the provision of the country with the energy resources was a priority of the power. Up to now, Georgia is delivered gas by Russia by taking into consideration the relations between Tbilisi and Moscow. The Georgian government desires to diversify the gas provision to ensure the energy security of the country.

Two billion cubic meters of the gas are required for Georgia a year. However, it is stated that due to the economic growth of Georgia, the gas demand will increase up to 3 billion cubic meters in the future, and in 2007-2008s 6-8 billion cubic meters.

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