Economic and political dividends to be received by Georgia from TANAP

21 February, 2020
"The Southern Gas Corridor concept will bring significant political dividends and energy security to Georgia" – stated Mr. Giorgi Bakhtadze, General Director of Georgian Oil and Gas Corporation during the interview with report.ge.

According to Mr. Bakhtadze, before putting the Trans-Anatolian Pipeline – TANAP - into operation, Georgia represented a transit country of regional importance only and now it has become a player of international level. From that point forward, gas transited through the territory of Georgia will play a significant role in diversification of international, mostly EU energy markets and increasing security of supply. As a result, according to Mr. Bakhtadze, the prospects of integration of Georgia into progressive international economic and political structures will be significantly increased.

Mr. Giorgi Bakhtadze, General Director of Georgian Oil and Gas Corporation exclusively informed report.ge that "South Caucasus (Baku-Tbilisi-Erzurum) Pipeline located on the territory of Georgia, together with TANAP, will ensure supply of gas from Caspian fields to the markets of Turkey and Europe. After TANAP is put into operation, ...
Discover more

Other News

1 GEL = 3.0416 USD