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Gas supplies to Georgia resume

Azerbaijan resumed gas supplies to Georgia on April 23, president with the Azeri state oil company said, nevertheless the price for that deliveries remains uncertain.

Rovnag Abdullayev said 1.5 million cubic meters of SOCAR's gas a day is currently exported towards the neighboring country.

The supplies were suspended at the start of January. Georgia have been meeting its domestic demand on account of Azeri gas since January 2007. The united states was buying 1.3m cu. m. each day from Azerbaijan being an additional way to obtain gas within the backdrop of the reduction in deliveries from Russia, containing raised the cost. Since March 2007, Georgia has been receiving gas manufactured from the biggest Azerbaijani offshore field Shahdaniz over the newly built Baku Tbilisi Erzurum pipeline that goes through its territory and also Azerbaijan and Turkey. In the initial stage, 250 million cu. m. is annually supplied to Georgia being delivered fees.

Minister of one's and Industry Natig Aliyev told the conference that Azerbaijan could triple the level of gas supplies inside the coming years. "Research has said there are resources accessible to increase the country's gas exports from the current 8bn cu. m. to 20 25bn cu. m. or maybe more."

The minister said about 1.2trln cu. m. is going to be produced from Shahdaniz, which is twice the amount ray ban outlet usa previously predicted. Moreover, 500bn cu. m. might be extracted from the deep water section ray ban outlet of the Azeri Chirag Gunashli fields from the Caspian Sea. In addition to that, prospecting operations are nevertheless under way at other fields.

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