Georgia’s Vice Prime Minister and Minister of Economy, Levan Davitashvili, announced at a briefing the government is working on a project to supply gas from the Caspian Sea to Europe through Georgia, civil.ge reports.
Per Minister Davitashvili, the project – in which Azerbaijan, Romania, and Hungary are also taking part – started in 2015 and envisages a plan in which “the gas will be transformed into a liquid state on the territory of Georgia, and then gasified in Romania.”
“Unfortunately, this project was stopped and had no further development,” he said, and emphasized that “due to the current processes when Europe is particularly interested in alternative sources of gas supply, when everyone is talking about diversifying the energy supply, this project acquired special relevance this year.”
Minister Davitashvili also noted that an assessment of the project and the existing infrastructure on Georgian and Azerbaijani territory is in the works. He underlined that the budget will be drafted according to the conditions of the existing infrastructure, and the details of the project.
“It won’t happen in one day, and it won’t happen in a year,” he said, adding, “First of all, we need a complete picture […] then [to] form a detailed action plan […] and start the step by step implementation of this plan, including attracting investments in this direction.”
