Bank Of Baku

Azerbaijan conducts works on construction of compressed gas plant in Georgia

Azerbaijan conducts works on construction of compressed gas plant in Georgia
# 16 March 2011 14:31 (UTC +04:00)
Baku. Ali Ahmedov – APA-Economics. Azerbaijan conducts works on the construction of compressed gas plant in Georgia within the AGRI (Azerbaijan-Georgia-Romania Interconnector) project, SOCAR President Rovnag Abdullayev told reporters.

According to him, trilateral company has already been established for this: “This Company elaborates feasibility study of the project”.

He says being of oil price higher over the world than budget price will not influence the SOCAR’s plans for this year.

Azerbaijan, Romania and Georgia all signed the memorandum of understanding to go ahead with the planned Azerbaijan-Georgia-Romania-Interconnection (AGRI) project on Aprel 13, 2010.
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