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Georgia and Rumania cooperate on the AGRI pipeline

2012-09-07 14:16

Georgia and Romania will continue to work on the construction of the AGRI pipeline (Azerbaijan-Georgia-Romania Interconnector) to transport liquefied natural gas from the Caspian Sea area to Europe, the NRegion reported.


The agreement between the Romanian Foreign Minister Titus Corlatean and his Georgian counterpart Grigol Vashadze was reached during a meeting in Bucharest.

Project AGRI (Azerbaijan-Georgia-Romania Interconnector) is currently undergoing a feasibility study, so the estimated amount of investment needed to implement it, were not yet determined. Feasibility study will be ready by the fall, presumably in September, after which the cost and suitable place of Georgia terminal for liquefied natural gas on the Black Sea coast are determined.

Not long ago, the Turkmen authorities got interested in gas pipeline projects AGRI, Azerbaijan-Georgia-Romania Interconnector, which provides transportation of liquefied natural gas via the Black Sea coast of Georgia to Romania.

As previously reported, the issue of supply and cost of gas was discussed by the Presidents of Armenia and Russia. According to the President of Armenia Serzh Sargsyan, Russia and Armenia have agreed on prices for Russian gas.


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