SOCAR gas supplies to Georgian market nearly 1.4 bln cu m in 2012
By Nigar Orujova
Azerbaijan's state energy company SOCAR has said gas supplies by SOCAR Gas Export-Import to the market of neighboring Georgia amounted to over 1.39 billion cubic meters in 2012.
SOCAR supplies its gas to Georgian customers via a pipeline linking the two countries in the Gazakh region of Azerbaijan. The pipeline's capacity is about 3 billion cubic meters of gas per year.
Through SOCAR Georgia Gas, the company manages gas distribution networks covering a number of Georgian regions.
SOCAR Georgia Gas, a subsidiary of SOCAR Energy Georgia that distributes gas in the Georgian market, provided gas to 39,500 new subscribers in Georgia last year.
SOCAR Energy Georgia supplied more than 1.7 billion cubic meters
of gas to the Georgian market in 2011. Around 564 million cubic
meters of the total volume of gas delivered to the Georgian market
fell to commercial gas.
Furthermore, SOCAR Georgia Gas laid 1,430 kilometers of new gas
lines in Georgia last year. To date, the company has laid 2,790
kilometers of gas pipelines in the country.
Currently, the subsidiary covers 176,780 subscribers.
Under a contract signed with the Georgian government, SOCAR Georgia Gas is to provide gas to at least 150,000 new customers and invest at least $40 million in gas supplies in the country. However, it has been ascertained that investments will significantly surpass this amount.
SOCAR and the Georgian government signed an agreement in December 2008 to transfer control of 30 gas distribution facilities and gas distribution networks covering regions of Georgia including Kakheti, Mtskheta-Mtianeti, Shida and Kvemo Kartli, Adjara, Guria, Imereti, Samegrelo, etc.
SOCAR is also engaged in the sale of petroleum products in Georgia. According to a SOCAR report, SOCAR Georgia Petroleum invested $149.7 million in Georgia in 2006-2012.
The company opened eight gas stations in Georgia in 2012 and brought the total number of filling stations operating in the country under the SOCAR brand to 100.
Last year, the SOCAR subsidiaries in Georgia transferred nearly $165.35 million to the state budget.
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!