Gas distribution companies to invest $97.44mln in improving supply in Georgia
Natural gas distribution companies in Georgia will invest ₾265 million ($97.44mln) within the next five years in improving supply in the country, the Georgian national energy and water supply regulatory commission announced on Friday. Photo: Nino Alavidze/agenda.ge
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Natural gas distribution companies in Georgia will invest ₾265 million ($97.44mln) within the next five years in improving supply in the country, the Georgian national energy and water supply regulatory commission announced on Friday.
The commission agreed on the investment plans to be implemented by the natural gas distribution companies in the next five years [...] The purpose of the agreed investment plans is to improve the reliability of natural gas distribution networks, the quality of service, to minimise emergency interruptions, and to ensure continuous and safe supply of gas", the state body said.
The planned investments are distributed as follows:
- Tbilisi Energy will invest ₾35,535,479 ($13,066,104) in upgrading the Tbilisi natural gas distribution network and improving the quality of its service
- Socar Georgia Gas will invest ₾111,860,279 ($41,130,107) in improving supply in other regions, while Sakorggazi will contribute ₾113,308,497 ($41,662,605) and Telavgazi - ₾3,723,052 ($1,368,935)
- Varketilairi will invest ₾1,039,261 ($382,127) in replacing out-of-service meters, updating network and improving service quality
- Energokavshiri will invest ₾521,000 ($191,567) in implementing projects related to the improvement of service quality
David Narmania, the head of the Georgian national energy and water supply regulatory commission, on Friday said the commission was going to set new tariffs for natural gas in December, adding "no increase” was expected in the tariff.
Georgian energy ombudsman Salome Vardiashvili has urged the public to ensure the safety of their heating devices in anticipation of the incoming winter season across the country.
David Narmania, the head of the Georgian national energy and water supply regulatory commission, on Thursday said the country was “completely prepared” for the winter season and energy bills were not expected to increase.
Georgian prime minister Irakli Garibashvili on Friday said ₾80 million ($28 mln) would be allocated for providing natural gas supply to all regions of Georgia, while ₾900 million ($318mln) would be spent on agriculture and for development of small and medium-sized businesses in the country.