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Nabucco to provide all Georgia with gas, Tbilisi states2009-07-14 18:08
The gas volumes owing to Georgia as a transit country for its participation in Nabucco project will fully meet its gas demand.gt-en-newsitem-inside
This was Georgian Energy Minister Alexander Khetaguri's comment on signature of Nabucco intergovernmental agreement that took place in Ankara on Monday, News Georgia reports.
"When Nabucco project starts operating Georgia will get gas by a 5+5 formula. That means 5% of the transported gas is free, and 5% will be sold at a reduced price", - the minister said remarking these volumes would satisfy the country's gas needs.
In reality the first stage of Nabucco operation is to be launched in 2014. In 2011 gas pipe line construction will start.
According to Khetaguri Georgia's involvement in Nabucco project is important both economically and politically.
As the minister specified the more transit ways would run across Georgia the more profit the country would get.
It will be remembered that Nabucco project estimated at USD 7.8 billion envisages natural gas transportation to European countries via Azerbaijan, Georgia, Turkey, Bulgaria, Hungary, Romania and Austria.
It will be an extension of operating Baku-Tbilisi-Erzerum gas pipeline with rated gas transport capacity of 20-30 billion cubic meters. Two thirds of the gas pipeline will go through the Turkish territory.