Transcript Slide 1

The role of Georgia in the
new gas streams to EU
Mr. Michael Sidamonidze,
Head of New Energy Complexes Department
Georgian National Oil Company
“Saknavtobi”
Gas consumption and demand forecasts
Present realities
Belarus
Russia
Ukraine
Kazakhstan
Moldova
Rumania
Uzbekistan
Bulgaria
Georgia
Erzurum
Turkey
Armenia
Azerbaijan
Baku
Turkmenistan
Korpezhe
Ceyhan
Cyprus
Syria
Lebanon
Kurt Kiu
Iraq
Iran
In years 2015 - 2020 annual Gas Stream potential in Georgia
may reach 45-50 billion m3
Strategic Gas storage – consumers benefits
High reliability of supply:
 Georgia, Turkey
 Nabucco (Turkey, Bulgaria, Romania, Hungary,
Austria)
 Turkey-Greece-Italy interconnectors
 Commercial robustness- gas supply can not be
turned off from day to day
 Gradual increase of supply capacity is possible

It is obvious that the construction of the UGS
facility together with the power complex
is feasible. The power complex includes:
1. Underground Gas Storage with the 500
mcm working volume;
2. Gas turbine, linked with the Steam turbine;
3. Pipelines and compressor for CO2 injection
4. Oil producing field.
5. Oil refinery.
The last, together with the additional volumes from
the oil field, by injecting
the CO2, could be supplied with the imported oil.
The picture below describes the power complex
POWER SECURITY
CURRENT POZITION
POZITION AFTER
BUILDIG POWER
COMPLEX