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Volume of Shah Deniz Gas for Georgia to Be Published on December 15

Oil&Gas Materials 9 December 2006 12:16 (UTC +04:00)

The Azerbaijan Minister for Industry and Energy, Natik Aliyev, said in Tbilisi that Azerbaijan will receive additional volume of Turkey gas share from Shah Deniz gas, Trend Special Correspondent reports.

He held talks with the Georgian Energy Minister, Niki Gilauri, and the Turkish Energy Minister, Hilmi Guler, in Tbilisi on December 8.

Talks in Tbilisi were linked with the commissioning of Shah Deniz field scheduled for December 15, 2006, and the exploitation of a next well on January 2, and the third in February. However, considering the taken decision made by Russia on the increase of gas prices led to new realities, which were to be discussed in a friendly and working atmosphere, said Mr. Aliyev. The Ministers are fulfilling the tasks set by the Presidents, because principle resolution on assistance to each other was adopted on the level of Presidents of Turkey, Georgia and Azerbaijan.

As a sign of protest support and mutual assistance to Georgia and Azerbaijan Turkey offers the volumes of Shah Deniz gas, which was to run to Turkey next year, Mr. Aliyev said. The representatives of Botas, the State Oil Company of Azerbaijan (SOCAR) and Oil and Gas Corporation of Georgia will gather in Baku next week to make a final resolution.

The Azerbaijan Minister for Industry and Energy, Natik Aliyev, said that a meeting of experts is very considerable, because some changes necessitated by the current situation in the region should be injected into the agreement.

In his remarks at a joint news conference, the Georgian Energy Minister, Nika Gilauri, said that the final resolution on the volumes of Shah Deniz gas will be known in Baku within a week of a forthcoming meeting of the experts of Georgia, Azerbaijan and Turkey.

The figures of your interest will be named when they are finalized. Turkey demonstrated political will and made a decision to support Georgia said Nika Gilauri .

Turkey is ready to give its share of gas to Georgia, the minister said. Turkey will receive 2.8 bln cu m of gas, but ready to share part of this gas with Georgia and Azerbaijan. The volume of gas that Georgia is deprived with in 2007 will be compensated in the subsequent years.

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