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Georgia

Opinion

Georgia’s energy transition

As Georgia completes its economic turnaround and builds a closer relationship with the EU, more investment is needed in the energy sector. As an investor in renewable power generation, thorough Silk Road Group’s Bahkvi 3 hydropower project, I am supporter of Georgia’s journey towards energy independence. To achieve that, Georgia needs to prove to investors that its energy market is mature, competitive and predictable.

Oil & Gas

Frontera in second assessment of Georgia gas find

Frontera said it is was now in the process of completing the second independent assessment of its gas resource estimates associated with the South Kakheti Gas complex in Georgia. The move comes after the company announced the results of the first report it commissioned by consulting firm Netherland, Sewell & Associates. Frontera said it was initially assessed that the site, which is estimated to hold as much as 135trillion cubic feet of gas, was one integrated geologic unit.

Europe

Gazprom in talks with Georgia over gas supplies

Georgia has held talks with Gazprom on receiving additional natural gas from Russia, Georgia's energy ministry said today, a move that has been criticised for potentially making the country more dependent on its former Soviet master.