Ministerial meeting under AGRI project opened in Baku

Ministerial meeting under AGRI (Azerbaijan-Georgia-Romania  Interconnector) - Azeri-Georgian-Romanian project on the transportation of liquefied gas to Europe has opened in Baku today. Azerbaijani Industry and Energy Minister Natig Aliyev, Georgian Energy Minister Alexander Khetaguri and Romanian Economy, Commerce and Business Environment Minister Ion Ariton take part in the event.

Leaders of Azerbaijan, Georgia and Romania are expected to meet in Baku on Sept.14 to sign the Baku Declaration on the AGRI project. Memorandum of understanding on cooperation in the field of liquefied gas and its transportation under the Azerbaijan-Georgia-Romania Interconnector project was signed in Bucharest April 13.

Georgia, Azerbaijan and Romania have signed an agreement on the establishment of a joint venture in a project to transport Azerbaijani gas to Europe May 12. The project on supplies of Azerbaijani liquefied natural gas to Romania envisages the construction of two terminals for liquefied natural gas - one in Georgia, the other in Romania. According to preliminary data, the project cost will amount to 4.6 billion euros.

The project envisages transporting Azerbaijani gas via pipelines to the Black Sea coast of Georgia, where the gas will be liquefied at a special terminal, after which the gas will be delivered to the terminal in the Romanian port of Constanta by tankers. Later the liquefied gas will be brought into the state of natural gas and using the gas infrastructure available throughout the country will be sent to cover the needs of Romania and other European countries.


/Trend/