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SOCAR reveals gas export volumes to Georgia

29 December 2015 13:11 (UTC+04:00)
SOCAR reveals gas export volumes to Georgia

Azerbaijan’s energy giant SOCAR exported 1.25 billion cubic meters of gas to Georgia in January-November 2015, a source in the company told Trend.

“Since the beginning of 2015, Georgia daily received in average 3.74 million cubic meters of gas,” said the source. “Overall, export indexes are higher than in January-November last year, when 1.1 billion cubic meters of gas were exported.”

SOCAR doesn’t plan to change the volume of gas supplies to Georgia in 2016.

“These rates will remain at the same level as in the current year, as the volumes have been agreed upon and slightly vary depending on the needs of Georgia,” said the source.

SOCAR exported 2.15 billion cubic meters of gas to Georgia in 2014, which is by 248.1 million cubic meters (10.5 percent) more than in 2013.

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 3 billion cubic meters per year.

Azerbaijan's energy giant SOCAR, which is keen on expanding operations in the retail oil products market abroad is involved in exploring oil and gas fields, producing, processing, and transporting oil, gas, and gas condensate, marketing petroleum and petrochemical products in the domestic and international markets, and supplying natural gas to industry and the public in Azerbaijan.

SOCAR includes Azneft (companies producing oil and gas offshore and onshore), Azerkimya (chemical industry) and Azerigas production associations.

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