Рўurkey and Georgia to Sign an Agreement on Gas Distribution from Shahdaniz

Oil&Gas Materials 20 December 2006 20:21 (UTC +04:00)

Kamal Muradkhanov, a Member of the Georgian Parliament, informed Trend that tomorrow, December 21, Turkey and Georgia will sign an agreement on purchase of gas from Azerbaijan gas condensate Shahdaniz field. The Georgian delegation headed by Georgia President Mikhail Saakashvili, is currently visiting Turkey, Trend reports.

In 2007, 5.6 bln. cubic meters of gas will be produced from Azerbaijan gas condensate Shahdaniz field. According to the signed contract, 270 mln. cubic meters will be sent to Georgia, 2.48 bln. cubic meters is Azerbaijan share, and 2.85 bln. cubic meters Turkish share, which will be subjected to a new redistribution among the three parties again.

According to him, the opening ceremony of the Embassy of Georgia to Turkey has been held in Ankara today. Georgian President Mikhail Saakashvili took part in the event. The meeting between the Georgian and Turkish Presidents was held.

Mr. Muradkhanov said that tomorrow, in Istanbul, the official Georgian delegation will meet Rajib Teyyub Erdogan, Turkey Prime-Minister. During the meeting, the main topic of the discussion will be the issue of Turkey providing Georgia with gas.

Due to the energy security of the country, Georgia is currently holding negotiations with Azerbaijan and Turkey. Turkey will provide a certain amount of gas from its gas share to Georgia.

Georgian contract with Russia on gas purchase will expire at the end of the month. The contract with the Russian party will not be prolonged for the next year. In order to be energetically secure and independent from Russia, Georgia is searching for other ways out form the situation. During the next meeting with Mr. Erdogan, the agreement will be signed. The first negotiations on this issue were held in Tbilisi. The issue will be finally solved tomorrow, said the Georgian MP.

Mr. Muradkhanov said that yesterday Turkey and Georgia signed an agreement on free trade between each other.