Georgia seeks $3 billion to expand power generation
Amid rising local and international demand, Georgia seeks to start new energy projects and revive old ones. But will they survive the usual controversies? The…
Georgia plans to transport up to 3 million tons of Kazakh oil through its ports in 2022
Kazakhstan intends to transport from 2 million to 3 million tons of oil through Georgia in 2022, the press service of the Ministry of Economy…
Azerbaijan increased gas exports to Georgia by more than 50% in Q1
Gas exports from Azerbaijan in the first quarter of 2022 amounted to 5 billion 883.866 mcm, by 14.7% more than in January-March 2021, the quarterly…
Georgia increases coal consumption due to rising gas prices
Over 10 months of 2021, Georgia increased coal production by 56.1 percent compared to the same period in 2020 – up to 123,500 tons. This is reported…
Azerbaijan ranks first among top fuel and lubricant exporters to Georgia
Georgia’s imports of fuel and lubricants from Azerbaijan from January through November 2021 increased by 6.5 percent, compared to $319.8 million over the same period…
SOCAR supplies gas to over 700 settlements in Georgia
SOCAR Georgia Gas, a subsidiary of the State Oil Company of Azerbaijan (SOCAR), currently serves over 780,000 subscribers, the local bureau of Report informs, citing Azar Mammadov,…
Georgia to start oil exploration in Black Sea
Georgia will begin oil exploration on the Black Sea shelf in May 2022, Report informs, citing the Georgian Oil and Gas Corporation. An Austrian company will carry…
SOCAR: Export price of gas for Georgia higher than on domestic market
“There are discussions on social networks that allegedly the price of gas sold to the population in Azerbaijan is higher than the cost of gas…
Energy Community highlights leading energy projects implemented in Georgia
At this stage, very important and complex processes are underway in the energy sector of Georgia, Director of the Energy Community Secretariat Janez Kopac told Trend….
Georgia increases electricity imports from Azerbaijan
From January through June 2021, Georgia imported 505 million kilowatt-hours of electricity from Azerbaijan, Report informs with reference to the Georgian Electricity Market Operator (ESCO). According to…
Gas prices rise in Tbilisi
Consumer tariffs have been increased for subscribers of Tbilisi Energy, which supplies natural gas to the Georgian capital Tbilisi. According to Report‘s local bureau, the Georgian…
Azerbaijan becomes main supplier of petroleum bitumen to Georgia
In April this year, Georgia imported 7,800 tons of oil bitumen, the local Bureau of Report informs, citing Georgia’s Union of Petroleum Products Importers. Of this, 7,300…
Georgia increases electricity imports from Azerbaijan
In the first quarter of 2021, Georgia imported 463.1 million kilowatt-hours of electricity from Azerbaijan, Report informs referring to the Georgian Energy Market Operator (ESCO). According to the ESCO,…
Russia to transport 150 mcm of gas to Georgia through Azerbaijan
SOCAR and Gazprom Export signed a one-month agreement on transit of Russian gas to Georgia, SOCAR’s Deputy Head of Public Relations Ibrahim Ahmadov told Report. “According…
Georgian minister: Dependence on energy imports can threaten economy
Heavy dependence on electricity imports can pose a threat to the Georgian economy, Report‘s Georgian Service informs, citing Natia Turnava, the country’s Economy and Sustainable Development…
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…