Minister: Increasing gas transit through Georgia will lower tariffs for consumers
Georgia, Tbilisi, March 26 / Trend, N.Kirtskhalia /
The expansion of the Baku-Tbilisi-Erzurum gas pipeline will lead to an increase in the transit of gas to 16 billion cubic meters which will allow Georgia to get more benefits, Energy Minister of Georgia Kakha Kaladze told journalists on Tuesday.
He said investors are already discussing the possibility of increasing the capacity of the gas pipeline.
Kaladze said Georgia will be able to get five per cent from the entire transit of gas from the Shah Deniz field which will reduce gas prices for consumers in the future.
The statement was made during the GIOGE Energy Conference 2013, which is underway in Tbilisi.
Organiser of the conference and exhibition held since 2002, is the Iteca Kavkasia Company.
The conference will be attended by the Minister of Energy of Ukraine Eduard Stavitsky, head of the EU mission in Georgia, Philip Dimitrov, representatives of the UK and Kazakhstan embassies, oil and gas companies and experts.
GIOGIE is traditionally attended by 150 delegates from 15 countries, as well as government delegations from Azerbaijan, Kazakhstan and Turkey.
The GIOGIE programme considers key international issues facing the global oil and gas industry, as well as current policy and regulations and how they affect the energy sector of Georgia.