Baku, Azerbaijan, Feb.12
By Maksim Tsurkov - Trend:
The number of potential new customers as part of the Georgian Regions' Gasification Program, implemented by SOCAR (State Oil Company of Azerbaijan) will reach 480,000 by late 2015, SOCAR told Trend Feb. 12.
SOCAR Georgia Gas (a subsidiary of "SOCAR Energy Georgia") had to gasify at least 150,000 potential new customers and to invest at least $ 40 million in the gasification process in the country in accordance with the agreement with the Georgian government. However, the validity of the gasification program was extended because the investments exceeded the previous volumes.
The company said that at the end of 2014, the number of subscribers connected to the gas network in Georgia has reached 410,000 and increased by 47,100 units.
"We plan to cover an additional 70 million subscribers for 2015 within the framework of the gasification," said the SOCAR. "Thus, their number will grow to 480,000."
SOCAR and the Georgian government signed an agreement to transfer control of 30 gas distribution facilities and gas distribution networks covering such regions of Georgia as Kakheti, Mtskheta-Mtianeti, Shida and Kvemo Kartli, Adjara, Guria, Imereti, Samegrelo on December 26, 2008.
The list of gas distribution facilities was then expanded. Earlier, all these facilities were eliminated and seven regional gas facilities were created under SOCAR.
Edited by CN
Follow the author on Twitter: @MaksimTsurkov
