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Georgia, Romania and Azerbaijan signed agreement on gas

2010-05-12 17:31

Today in Tbilisi Georgia, Romania and Azerbaijan have signed an agreement on the establishment of a joint venture on the project of a new way of transporting Azerbaijani gas to Europe - News.Az.

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The document was signed by Azerbaijani Minister of Energy and Industy Natig Aliyev, Georgian Energy Minister Alexander Khetaguri, and Romanian Minister of Economy, Trade and Business Adrean Vidianu.

The project involves the delivery of natural gas from Azerbaijan to Georgia to the Black Sea coast, where a factory for passing in into liquefied state. Then it will be delivered to Romania by tankers, to a re-gasification plant [to be built].

Alexander Khetaguri said the joint venture will deal with luring in funds and work on feasibility study.

The Minister said all the transit routes that pass through its territory are important for Georgia "There are the economic benefits and increase of our energy security," he said.

Natig Aliyev sees the project as very important as it will help to diversify Azerbaijani gas supplies for Europe even more.

Adrean Vidianu highlighted Azerbaijani gas will allow to improve Europe's provision with energy carriers, and Bucharest intends to play an active role in it.

 

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