SOCAR: Georgia-Russia gas contract not to affect Azerbaijani gas export

SOCAR: Georgia-Russia gas contract not to affect Azerbaijani gas export

The agreement on Russian gas export to Georgia won’t affect gas supplies to this country by the Azerbaijani state oil company SOCAR, Director General of SOCAR Energy Georgia Mahir Mammadov told .

 

Alexei Miller, chairman of the Russian Gazprom’s Management Committee, and Giorgi Mamaladze, commercial director at Gazko+, a Georgian energy company that procures gas and sells it in domestic market, signed a contract June 16 at the St. Petersburg International Economic Forum 2016.

 

According to the contract, Gazprom will supply up to 100 million cubic meters of gas to Gazko+ over the course of 2016. The contract is effective from July 1 through Dec. 31, 2016, and can be later renewed.

 

Mahir Mammadov said the agreement won’t affect SOCAR’s gas supplies to Georgia, because the current contract between Azerbaijan and Georgia covers the period up to 2030 and specific volumes are mentioned there.

 

SOCAR annually exports two billion cubic meters of gas to Georgia. That gas is extracted from Azerbaijani fields by SOCAR without participation of foreign companies.

 

In addition, Georgia annually receives from Azerbaijan 1.5 billion cubic meters of gas produced at the Shah Deniz offshore field with participation of SOCAR and foreign companies.

 

BP is the technical operator at the Shah Deniz field.

 

Azerbaijan is the main supplier of gas to Georgia with a specific weight of almost 75 percent.

 

 

World media monitoring

  

 

  

 

24.06.2016

 

 

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