Khazdanneftgaztik Unit of the State Oil Company of Azerbaijan (SOCAR) completed the part of pipes for the Fund Challenge of Millennium - Georgia for the rehabilitation of the main gas pipe in this Country. $4.68 million pipes for a 5 km section have been purchased from SOCAR Unit, Trend Special Correspondent in Georgia reports quoting the Fund.
The signing ceremony of the agreement took place on 26 September at the office of the Fund.
Challenge of Millennium - Georgia intends to carry out important work for the rehabilitation of the gas pipe, but presently six more hazardous sections are being studied, which require urgent repair.
The pipes purchased from SOCAR will be used for one of the sections. For the implementation of the project, the Fund will receive $40 mln. from the United States, and an additional $80 mln. will be allocated by the Georgian Government over the next three years.