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SOCAR to help Georgia to build underground gas storage facility

SOCAR to help Georgia to build underground gas storage facility

SOCAR gets 26% stake in LNG terminal Project in Ivory Coast (25 November 2016 15:46)

Date: 13 January 2016 23:07

Baku, Azerbaijan, Jan. 13

By Maksim Tsurkov – Trend:

The State Oil Company of the Azerbaijan Republic (SOCAR) in the meeting with the government of Georgia mainly discussed the technical issues of gas supplies, Mahir Mammadov, the head of SOCAR Energy Georgia, told Trend Jan. 13.

"We discussed how to increase the capacity of the gas supply in winter, and decrease it in summer", - he added. "Volumes of supplies of Azerbaijani gas to Georgia will be increased gradually".

Mammadov noted that the sides also discussed the construction of underground gas storage facility in Georgia. "SOCAR will participate in the construction of underground gas storage in Georgia"

SOCAR exported 1.5 billion cubic meters of gas to Georgia in January-November 2015.

SOCAR delivers its own gas to Georgia via a pipeline that runs through Azerbaijan’s Gazakh district. The gas pumping capacity via this pipeline nears three billion cubic meters per year.

Azerbaijan is the main gas supplier to Georgia with a share of 77.9 percent of the total volume of gas imports of the country.

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