Tbilisi, Georgia, Sept.11
By Nana Kirtzkhalia - Trend:
The prime minister of Georgia Irakli Garibashvili will once again visit Azerbaijan Sept. 20.
"I will come again on a visit to Baku September 20, which will host the signing ceremony of the beginning of Southern Caucasus pipeline expansion project," Prime Minister of Georgia told Georgian media in Baku Sept.11.
"This ceremony is a further confirmation of the Georgian-Azerbaijani strategic partnership," he said.
Garibashvili also noted that intensive negotiations with the Azerbaijani and the Turkish sides on the involvement of an energy corridor for the export of electricity are underway.
"This is a very important project for us and for the region," Garibashvili said.
Southern Gas Corridor will allow Europe to diversify its hydrocarbon supply sources and strengthen energy security and also will allow Azerbaijan to obtain a new market in Europe.
On December 17, 2013, a final investment decision was made on the Stage 2 of the Shah Deniz offshore gas and condensate field's development. The gas produced at this field will first go to the European market (10 billion cubic meters).
The gas to be produced as part of the Stage 2 of the field's development will be exported to Turkey and to the European markets by means of expanding the South Caucasus Pipeline and construction of the Trans-Anatolian Gas Pipeline (TANAP) and the Trans-Adriatic Pipeline (TAP).