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Tag: Georgia

Georgia to Soon Start Searching for Hydrocarbons on Black Sea Shelf

The State Oil and Gas Agency of Georgia will soon sign an agreement on the share distribution of products with the Austrian oil and gas…

Major oil company entering Georgian market

An agreement between the Georgian Oil and Gas Corporation and the Austro-Romanian company OMV Petrom will be signed in the coming days, Georgian Minister of…

Azerbaijan unveils volume of gas exports to Turkey and Georgia

Azerbaijan exported 1,120,220.670 cubic meters of natural gas in January this year, Report informs, citing the State Customs Committee According to the information, the total cost of natural…

Export of Azerbaijani Electricity to Georgia Decreased by 34%

Georgia reduced electricity imports from Azerbaijan by 34.1% in 2020, the Commercial Operator of the Georgian Electricity System JSC (ESCO) said Electricity production in Georgia…

Georgia to Receive 200 Mcm of Gas from SOCAR at Preferential Price in 2021

Acting Prime Minister of Georgia Giorgi Gakharia met yesterday with President of the State Oil Company of Azerbaijan (SOCAR) Rovnag Abdullayev This was announced by…

Capacity of South Caucasus Pipeline increased by16%

For the three quarters of 2020, operating expenses for the South Caucasus Pipeline (SCG) project totaled $ 35 million, $ 2 million, or 6.06% more…

Georgia to Reduce Natural Gas Imports from Azerbaijan by 2.5% in 2020

Georgia, satisfying its needs for natural gas mainly due to its import, expects to get 2 385.2 mcm of gas from Azerbaijan in 2020, which…

Georgia released gas import forecasts for 2019

Georgia, which satisfies its demand for natural gas mainly due to imports, predicts an increase in its consumption in 2019 by 5.8% compared to the…

Expert: Actually, Georgia ousting Armenia from energy projects

In early November, 2016, Armenia’s government set up Energoimpex company to ensure transit of Iranian gas to Georgia. Georgia’s refusal to buy Russian gas will…

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