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Georgia notes benefits of Southern Gas Corridor

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Christian Fernsby ▼ | February 22, 2020
Southern Gas Corridor will allow Georgia to purchase 40 percent of current gas consumption on favorable terms, Georgian Oil and Gas Corporation (GOGC) told Trend.
Georgian Oil and Gas Corporation
Energy in Georgia   Georgian Oil and Gas Corporation
"With the start of operation of the Trans-Anatolian Natural Gas Pipeline (TANAP) and with the full commissioning of the Southern Gas Corridor, Georgia will purchase about 40 percent of the gas currently consumed by the country, on preferential terms, which will be used to supply so called "social" consumers at low prices," noted the GOGC.

Topics: Georgia Southern Gas Corridor

According to the corporation, the category of "social" consumers includes the household sector (population) and heat and power generation facilities.

"As a result, in addition to the fiscal effect that follows the introduction of TANAP and the increase in gas transportation through the Southern Gas Corridor, Georgia is given the opportunity to successfully solve an important social problem - supplying vulnerable consumers with relatively cheap gas," GOGC said.