Subscribe free to our newsletters via your
. Solar Energy News .




OIL AND GAS
Georgia: Gas project will strengthen hand
by Daniel J. Graeber
Poti, Georgia (UPI) Nov 24, 2014


disclaimer: image is for illustration purposes only

A natural gas pipeline from the Caspian Sea to the European market will enhance the geopolitical strength of the region, Georgia's prime minister said.

Georgian Prime Minister Irakli Garibashvili was on hand for the opening of a transport terminal for the pipeline at the port city of Poti.

"The terminal as part of the Shah Deniz II project will transport the pipes and other equipment required for the expansion of the South Caucasus Pipeline through Azerbaijan and Georgia," he said in an interview published Sunday by the region's Trend news service.

Shah Deniz will deliver about 560 billion cubic feet of natural gas per year, with sales scheduled for Georgia and Turkey in 2018 and the rest to Europe the following year.

Europe views Shah Deniz as a means to diversify a natural gas market dependent on Russia. For Georgia, a former Soviet republic, it's part of a broader shift away from the Kremlin.

"This is one of the most difficult and complex energy projects, which will strengthen the geopolitical positions of Azerbaijan and Georgia," the prime minister said.

Georgian President Giorgi Margvelashvili vowed to move his country closer to the European Union and to repair ties with Russia, which were damaged when the two sides fought over the breakaway republics of Abkhazia and South Ossetia in 2008.

BP, which leads the project's development, has awarded more than $1 billion in development contracts since selecting the Trans-Adriatic pipeline as its option for Shah Deniz last year.

Azerbaijan, Georgia and Turkey play host to one of Europe's more important oil pipelines.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








OIL AND GAS
Sanctions cost Russia at least $40 billion
Moscow (UPI) Nov 24, 2014
Russia stands to lose at least $40 billion because of Western economic sanctions targeting its energy sector, the country's finance minister said Monday. Oil has shed at least a quarter of its value since June because of slow economic recovery and an increase in production from North American shale. For a Russian economy dependent on oil revenue, sanctions imposed in response to the Kre ... read more


OIL AND GAS
WELTEC builds Biogas Plants in Greece

Lockheed Martin to build 5-megawatt bioenergy facility in Germany

DARPA's EZ BAA Cuts Red Tape to Speed Funding of New Biotech Ideas

New process transforms wood, crop waste into valuable chemicals

OIL AND GAS
Elon Musk thinks robots could turn on us in the next five years

DARPA-Funded Inflatable Robotics Helps Spark Idea for Silver Screen Star

Moving cameras talk to each other to identify, track pedestrians

ATLAS walking robot does karate

OIL AND GAS
Labor building behind East Coast wind energy industry

Moventas completes first ever Clipper up-tower service

Momentum builds behind U.S. offshore wind sector

Second stage of Snowtown Wind Farm blows away the competition

OIL AND GAS
Uber hits brakes on talk of finding dirt on reporters

Dongfeng, Huawei partner for Internet-enabled cars

Toyota rolls out world's first mass market fuel-cell car

QUT leading the charge for panel-powered car

OIL AND GAS
Germany eyes capping coal use to meet emissions target

A coating that protects against heat and oxidation

China seeks to cap coal use at 4.2 bn tonnes by 2020

Chinese power companies pursue smart grids

OIL AND GAS
Much to lose for Iran's Rouhani if no nuclear pact

Understanding nuclear reactor fuel behavior during a severe event

France's Areva on the ropes after it suspends targets

Jordan says able to export uranium by 2020

OIL AND GAS
Bit Stew Systems Announce Major Expansion in Australia

After nuclear phase-out, Germany debates scrapping coal

China's new 'Great Wall' not so great

China eyes investments in Slovenia infrastructure

OIL AND GAS
As elephants go, so go the trees

Clues to trees' salt tolerance found in native habitat, leaf traits

Deforestation in Brazil's Amazon 'surges 450%'

Protecting forests alone would not halt land-use change emissions




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.