Georgia

Georgia to increase natural gas imports by 2.66 billion cubic meters in 2020

Georgia plans to increase natural gas imports to the amount of 2.66 billion cubic meters.

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Serbia will not succumb to attempts to stop the Turkish Stream

Serbia insists on the implementation of the Turkish Stream gas pipeline project and does not support sanctions against Russia.

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Construction of a 4 million ton refinery to begin in Georgia in 2021

Construction of the first oil refinery in Georgia next to SOCAR oil terminal operating in Kulevi should begin in 2021 and be completed in three years, the Interfax reports, citing executive directo

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Georgia to continue to buy fuel from Azerbaijan. Euro 5 to be postponed for a year

Union of Petroleum Product Importers of Georgia has asked the Government to postpone switching to Euro-5 for a year, so that Azerbaijan will continue to be present on the Georgian market.

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It is planned to start construction of oil refinery in Georgia in 2021

Fasis Oil company and the international consulting company Deloitte&Touche are working on a project of an oil refinery, which is scheduled to be built on the Black Sea coast - in the village of

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Georgia and Azerbaijan agree on oil transit from Turkmenistan

Georgia and Azerbaijan have come to an agreement on a tariff for oil transit from Turkmenistan. This is reported on the website of the Georgian Railways.

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Import of petroleum products to Georgia increased

In 2019, deliveries of petroleum products to Georgia increased by 5.7% compared to the previous year to 1.41 million tons, international independent pricing agency Argus informs.

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Inter RAO UES to illuminate Abkhazia: Russia begins energy supplies to the republic

According to the Kommersant’s information, since February 1 Russia has started supplying electricity to Abkhazia, which is suffering from rolling blackouts due to low water content of Ingur h

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Georgia postpones completion of underground gas storage near Tbilisi from 2022 to 2024

The construction of Georgia's first underground gas storage facility, which was scheduled to start in 2019 and be completed in 2022, has been postponed to 2020 with completion by 2024.

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Georgia announces an international tender for oil and gas production on the Black Sea shelf

The state oil and gas agency of Georgia has announced an open international tender for a general license for the use of oil and gas resources on the Black Sea shelf.

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