Azerbaijani Company to repair strategic pipeline in Georgia

Azerbaijani Company to repair strategic pipeline in Georgia
# 09 November 2006 11:51 (UTC +04:00)
He said it is the first time that Azerbaijani and Georgian companies are cooperating in a project.
“I believe Georgian specialists and nationals will be employed in the project. Azerbaijani specialists will be involved in the repair of some special parts of the pipeline,� he said.
Millennium Challenge Georgia Fund (MCG) told APA bureau that US $49.5m has been earmarked for reconstruction of the pipeline. Besides, Azerbaijan will lend US $4.7m for the project.
As per the agreement, the repair of the gas pipeline has to be completed in 120 days.
The repair is expected to reduce gas loss to 2% from 5%.
Millennium Challenge Georgia Fund (MCG) lashi Shanidze said the repair and reconstruction will annually prevent gas loss of 300m cubic meters worth $30m. /APA/
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THE OPERATION IS BEING PERFORMED