15 Jul 2022 19:35

Georgia to begin producing own gas at field in Kakheti no later than 2024

TBILISI. July 15 (Interfax) - Proven gas reserves at the field in Georgia's Kakheti region total 16 billion cubic meters, and development of them will begin in the near future, according to the State Agency of Oil and Gas, Georgian Vice Prime Minister and Economy and Sustainable Development Minister Levan Davitashvili told journalists on Friday.

"According to the most pessimistic calculations, gas production at this field will begin in 2024," Davitashvili said.

According to the State Agency of Oil and Gas, the presence of natural gas at the site has been confirmed by a well drilled by specialists with the company Schlumberger . These reserves should be enough to last the country for approximately eight years, it said.

Almost all of Georgia's gas is imported from Azerbaijan, including 2.2 bcm in 2021.