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SOCAR IS INTERESTED IN PRIVATIZATION OF GEORGIAN SECTION OF RUSSIA-ARMENIA GAS PIPELINE
Trend, S.Aliyev
Trend
Nov 30 2010
Azerbaijan
SOCAR (State Oil Company of Azerbaijan) considers the possibility to
use existing gas pipelines on the Georgian territory, including the
Georgian section of pipeline that exports Russian gas to Armenia,
for gas transit, the SOCAR president Rovnag Abdullayev said in talks
held with Georgian Energy Minister Alexander Khetaguri and head of
the Oil and Gas Corporation, Zurab Janjgava, SOCAR said.
Abdullayev expressed confidence that using the existing infrastructure
in Georgia will accelerate the implementation of the project
Azerbaijan-Georgia-Romanian Interconnector (AGRI), which envisages
supplying Azerbaijani liquefied gas through Georgia and the Black
Sea to Romania.
According to head of SOCAR, if the Georgian government decides on the
privatization of the pipeline that exports Russian gas to Armenia, the
State Oil Company of Azerbaijan can make an interest in these assets.
At the meetings with Khetaguri and Janjava, they had wide discussions
over the intention to increase activeness in the strategic energy
projects and steps take toward this, as well as opportunities for
soonest implementation of AGRI project.
The SOCAR president and Georgian officials focused attention on
the topical issues of gas supply to the regions of the country,
connecting new subscribers to the gas network, gas supply of the
Georgian consumers in autumn-winter season. Abdullayev said measures
in this direction would be continued further.
He also discussed with the Georgian officials the SOCAR projects,
extension of gas distribution network, SOCAR's participation in oil
supply to the Georgian markets, transit of Azerbaijan's oil products
via Georgia
The Georgian officials highly appreciated the SOCAR's activity in
these fields and pointed out the company's important role in the
Georgian energy market.
Three capacity volumes are being considered for the project: 2 billion
cubic meters of gas a year, 5 billion cubic meters and 8 billion cubic
meters, Minister of Industry and Energy Natig Aliyev said earlier.
According to preliminary data, the cost varies from 1.2 billion to
4.5 billion euros depending on capacity.
Azerbaijan, Georgia, Romania and Hungary signed the Baku Declaration
on AGRI project in Baku Sept. 14.
The project envisages transporting Azerbaijani gas via pipelines to
the Black Sea coast of Georgia, where the gas will be liquefied at
a special terminal. The gas will then be delivered to a terminal at
the Romanian port of Constanta via tankers.
From: A. Papazian
Trend, S.Aliyev
Trend
Nov 30 2010
Azerbaijan
SOCAR (State Oil Company of Azerbaijan) considers the possibility to
use existing gas pipelines on the Georgian territory, including the
Georgian section of pipeline that exports Russian gas to Armenia,
for gas transit, the SOCAR president Rovnag Abdullayev said in talks
held with Georgian Energy Minister Alexander Khetaguri and head of
the Oil and Gas Corporation, Zurab Janjgava, SOCAR said.
Abdullayev expressed confidence that using the existing infrastructure
in Georgia will accelerate the implementation of the project
Azerbaijan-Georgia-Romanian Interconnector (AGRI), which envisages
supplying Azerbaijani liquefied gas through Georgia and the Black
Sea to Romania.
According to head of SOCAR, if the Georgian government decides on the
privatization of the pipeline that exports Russian gas to Armenia, the
State Oil Company of Azerbaijan can make an interest in these assets.
At the meetings with Khetaguri and Janjava, they had wide discussions
over the intention to increase activeness in the strategic energy
projects and steps take toward this, as well as opportunities for
soonest implementation of AGRI project.
The SOCAR president and Georgian officials focused attention on
the topical issues of gas supply to the regions of the country,
connecting new subscribers to the gas network, gas supply of the
Georgian consumers in autumn-winter season. Abdullayev said measures
in this direction would be continued further.
He also discussed with the Georgian officials the SOCAR projects,
extension of gas distribution network, SOCAR's participation in oil
supply to the Georgian markets, transit of Azerbaijan's oil products
via Georgia
The Georgian officials highly appreciated the SOCAR's activity in
these fields and pointed out the company's important role in the
Georgian energy market.
Three capacity volumes are being considered for the project: 2 billion
cubic meters of gas a year, 5 billion cubic meters and 8 billion cubic
meters, Minister of Industry and Energy Natig Aliyev said earlier.
According to preliminary data, the cost varies from 1.2 billion to
4.5 billion euros depending on capacity.
Azerbaijan, Georgia, Romania and Hungary signed the Baku Declaration
on AGRI project in Baku Sept. 14.
The project envisages transporting Azerbaijani gas via pipelines to
the Black Sea coast of Georgia, where the gas will be liquefied at
a special terminal. The gas will then be delivered to a terminal at
the Romanian port of Constanta via tankers.
From: A. Papazian