Georgia deepens energy cooperation with Iran, Armenia and Russia
Tweet 
Share
Georgia, Iran, Armenia and Russia are deepening cooperation in the energy sector by increasing the efficiency of the countries electrical systems.
Today the four nations signed a Memorandum of Cooperation (MoC) that envisaged greater cooperation in the energy sector.
Georgia’s Energy Minister Kakha Kaladze visited Armenia’s Capital Yerevan to sign the document.
The MoC envisaged establishing a coordination council and a regional dispatch centre to help the four countries react faster and more efficiently to crisis and emergency situations.
The action will also allow parties to develop multi-national electricity transit and trade.
The MoC will also promote development of a proper system and inter-system infrastructure.
During Kaladze’s visit to Yerevan, the Georgian official met Armenia’s Prime Minister Hovik Abrahamyan to discuss ways to deepen bilateral relations and future cooperation prospects.
Georgia is becoming an "energy bridge” connecting South Caucasian countries with a reliable electricity supply.
More than 100 high officials from 50 countries are gathering in Georgia’s capital Tbilisi to discuss ways to strengthen regional and global energy security, minimise damage to the environment, develop effective energy markets and create a favorable investment climate.
Representatives from Mitsubishi Corporation – Japan’s largest trading company – are visiting Georgia to explore the country’s investments opportunities.
Georgia will earn about half million GEL as a transit country that supports the transfer of energy from Azerbaijan to Turkey.
Georgia is expected to become a member of the Energy Community (EC) – an international organisation that deals with energy policy – in September 2016.
Georgia is starting to implement the largest energy project the country has ever seen to move Georgia one step closer towards energy independence.
Georgia’s Defence Minister Tinatin Khidasheli is paying a two-day visit to neighbouring Armenia. Yesterday she met the country’s President Serzh Sargsyan, Prime Minister Hovik Abrahamyan, Foreign Minister Edward Nalbandian and Defence Minister Seyran Ohanyan.
Using Georgia to transit electricity between other countries in the region is a "historic event in Georgia’s energy sector”.
Georgia's Prime Minister Giorgi Kvirikashvili spoke with the President of Iran Hassan Rouhani this evening, February 8, and discussed his intention to abolish its visa regime with Iran, announced the PM's press service.
Iran will construct Hydro-electric Power Plants (HPPs) in Georgia, develop the country’s electricity network and build electricity transmission lines between Iran and Georgia, reports Iranian newspaper Tehran Times.
Georgia’s Foreign Minister Mikheil Janelidze paid a two-day visit to Yerevan where he met Armenia's President Serzh Sargsyan, Prime Minister Hovik Abrahamyan and Foreign Minister Edward Nalbandian.
Georgia and Iran are strengthening ties to carry forward millennia-old relations by forging closer ties in internet technology and communication.
An oil refinery complex will be built in Supsa, a Black Sea port village in western Georgia. The project’s investor, Georgian-Iranian company GEOPARS, was gifted state-owned land in Supsa to build the new oil refinery.
Georgian startups will now able to enter the Iranian market of 80 million consumers and develop new businesses in Iran.
Georgia and Iran are taking actions to carry forward millennia-old relations by forging closer ties in trade, business and economy.