...

SOCAR calls preliminary data on commercial gas sale in Georgia in first quarter

Oil&Gas Materials 2 April 2010 18:58 (UTC +04:00)

Azerbaijan, Baku, Aprş2  / Trend, E. Ismayilov /

According to preliminary data, in January and March of 2010 SOCAR Georgia Gas (a subsidiary SOCAR Energy Georgia) sold about 60-61 million cubic meters of commercial gas at the Georgian market, a source in the company SOCAR Energy Georgia said.

According to the source, in January about 20.88 million cubic meters of gas, in February - 21.8 million cubic meters were sold at the Georgian market. According to preliminary data, in March, this figure should be 17-18 million cubic meters. "These figures are preliminary, at present, calculation of the figures for the last month is underway," he said.

A source said earlier, in 2009 the Georgian market sold about 140 million cubic meters of commercial gas.

In November 2008, Azerbaijan and Georgia signed an agreement to stir up SOCAR's activity on the Georgian gas market. Under the agreement, SOCAR has launched subsidiary SOCAR Georgia Gas which supply gas to consumer groups pinpointed by the Georgian government.

SOCAR Energy Georgia is engaged in distributing and marketing oil and oil products in Georgia. In particular, the company sells oil and gas on the Georgian market

SOCAR Energy Georgia's co-founders are SOCAR (The State Oil Company of Azerbaijan)- 51 percent, Petro-Trans FZCO 32.7 percent and Ivan Chkhartishvili - 16.3 percent.

Tags:
Latest

Latest