EU favours gas delivery through Georgia via Southern Corridor
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The European Union (EU) is extremely interested in expanding energy cooperation with Caspian Sea countries, said EU Ambassador to Azerbaijan Malena Mardi at the Caspian Oil and Gas forum, yesterday in Baku.
The idea of linking the Caspian Sea to Europe with gas delivery includes the $10 billion USD Trans-Anatolian Natural Gas Pipeline project (TANAP), which will travel through Georgia.
Georgia’s President Giorgi Margvelashvili visited Turkey’s Kars region last month where he and his Turkish and Azerbaijani counterparts attended a ceremony to mark the beginning of the TANAP project.
The new gas pipeline will pump gas from the vast Azerbaijani Shah Deniz 2 field to Turkish and European Union (EU) consumers with the aim of reducing dependence on Russian gas.
The 1,850 km TANAP project, which is due to be completed in 2018, will link the existing South Caucasus Pipeline (SCP) which connects Turkey to the Azerbaijani gas fields in the Caspian Sea, through Georgia.
TANAP is part of the Southern Gas Corridor project that will bring gas from Azerbaijan to Europe, and from sources other than Russia. Current plans envisaged linking the TANAP with the Trans-Adriatic Pipeline (TAP), which brings gas from western Turkey to Greece, Albania and across the Adriatic to Italy.
Meanwhile, the negotiations are underway between the EU, Azerbaijan and Turkmenistan to build a Trans-Caspian pipeline, which will connect Turkmen reserves to the infrastructure to be established within the framework of the Southern Gas Corridor project.
The Trans-Caspian pipeline project is regarded as the optimal option for delivering Turkmen gas to European markets. The project envisaged the laying of around 300 km of gas pipeline under the Caspian to the shores of Azerbaijan. Further Turkmen gas can be transported to Turkey which has mutual borders with European countries.
The biggest obstacle to any deal between Turkmenistan and Europe on the Caspian gas supply could be Russia and Iran, while Azerbaijan, the initiator of the major energy projects in the region, favours the project.
Speaking about the Southern Gas Corridor that will bring blue energy to Europe from the Caspian Sea region and potentially the Middle East, Mard said the EU expects first gas from Azerbaijan to be received in 2020.
The 3,500 km South Gas Corridor will connect the Sangachal terminal with eastern Turkey through Georgia. It will link up with the SOCAR-led TANAP to be connected with a third pipeline TAP on the Turkish-Greek border.
TANAP construction is due to be completed in 2018 and TAP in 2020 with first gas deliveries to Europe planned in the same year. The cost of the work on all four elements of the Southern Gas Corridor was estimated at almost $50 billion USD, according to the preliminary data.
Work has begun today on a new gas pipeline that will travel through Georgia to better connect Europe with gas from the Caspian Sea, thus reducing dependence on Russian gas.
European Union (EU) states who were due to have hosted Russia’s South Stream gas pipeline have begun looking for alternative ways to improve their energy security after the Russian project was halted by President Vladimir Putin.
The European Union is supporting the establishment of a sustainable energy information centre in Georgia’s capital Tbilisi to raise public awareness of energy-related issues, such as the benefits of energy efficiency and renewable energy.
The cost of power could soon increase in Georgia however the price of natural gas could drop, says the country’s Minister of Energy Kakha Kaladze.
China and Israel’s largest companies have pledged to invest in Georgia’s energy sector.
A major explosion that struck the South Caucasus Pipeline (SCP) in Turkey will not affect Georgia’s gas supply, confirmed a Georgian official today.
Georgia will play an important role connecting Iran to Europe thanks to a new transit corridor that Iran and Bulgaria are opening through Georgia.
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.
The East-West Gas Pipeline used to deliver gas from Turkmenistan through Georgia has officially opened today.
Georgia is taking measures for the sake of safeguarding the country’s natural gas supply.
The US Ambassador to Georgia Ian Kelly believes Georgia should not be dependent on one source of energy.
The Ministry of Foreign Affairs of Georgia (MFA) has today welcomed the international community’s efforts to develop a plan and adhere to obligations, leading to a lift of nuclear-related sanctions on Iran.
Georgia will receive more natural gas from 2018-19
South Caucus Pipeline (SCP) expansion works are entering the final phase to increase the gas capacity of the pipeline to 16 billion cubic metres (m3) per year.
World Bank, EIB financially supports new pipeline via Georgia
The World Bank and the European Investment Bank (EIB) have pledged to provide significant amounts of financial aid to build the new Trans-Anatolian Natural Gas Pipeline (TANAP).
An international magazine by British Petroleum (BP) Group has published a special edition about Georgia highlighting the rich heritage of the country and BP’s activities here.
PM Kvirikashvili and BP head applaud 20 year partnership
Georgia has enjoyed two decades of fruitful cooperation with one of the world’s largest oil and gas companies British Petroleum (BP).
Georgian Foreign Minister Mikheil Janelidze met with the President of Azerbaijan Ilham Aliyev today during his two-day official visit to Azerbaijan.
Energy ministers from the Southern Gas Corridor member-states, including Georgian Minister Kakha Kaladze, gathered today in Baku to attend the Third Ministerial Meeting of the Southern Gas Corridor (SGC) Advisory Council.
Italy is resuming the construction of the Trans Adriatic Pipeline (TAP), one of the core projects of the Southern Gas Corridor through which the countries of the European Union (EU) will receive Azerbaijani gas via Georgia and other countries.
The Trans-Anatolian Natural Gas Pipeline (TANAP), a natural gas pipeline from Azerbaijan passing through Georgia and Turkey to Europe, will be opened on June 12 in the Turkish city of Eskisehir.
The Trans-Anatolian Natural Gas Pipeline (TANAP), a natural gas pipeline from Azerbaijan passing through Georgia and Turkey to Europe, has opened today in Turkish city of Eskisehir, reports Trend.az.
Georgia is taking a giant step forward in the energy sector by building its first underground natural gas storage facility to safeguard the country's energy independence.
American multinational oil and gas corporation ExxonMobil has shown an interest in Georgia’s potential in terms of oil and gas, is going to evaluate the potential of hydrocarbons in the country’s west.
Georgia’s high mountainous regions will receive gas supply thanks to new memorandum signed today between SOCAR Energy Georgia and Georgia’s Ministry of Economy.
Georgian Prime Minister Giorgi Gakharia will take part in the inauguration of the Trans-Anatolian Natural Gas Pipeline (TANAP) in Turkey today. PM Gakharia will attend the inauguration together with the Presidents of Turkey and Azerbaijan Recep Tayyip Erdogan and Ilham Aliyev.
Turkish president Recep Tayyip Erdoğan on Friday called the Baku-Tbilisi-Ceyhan oil pipeline project linking Azerbaijan, Georgia and Türkiye across the South Caucasus "one of the most successful energy initiatives in the world".
Georgia has proven to be a “valuable participant” of the Southern Gas Corridor, a route delivering gas from Azerbaijan to Europe, and plays a “key role” in energy resources reaching European markets, Romeo Mikautadze, the Deputy Economy Minister, said on Friday.