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Daily Archives: April 26, 2017

Commercial Gas Output to Reach 40 bcm in Azerbaijan

The volume of commercial gas production in Azerbaijan will reach 40 billion cubic meters per year until 2025, said Nazim Samadzade, first deputy head of the Gas Export Department of Azerbaijan’s state oil company SOCAR. He made the remarks during the conference titled “The 2nd SOCAR International Caspian and Central …

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EIB Allocates 250M Euros for East-West Highway Construction in Georgia

Georgia will sign a new 250 million euros worth agreement with the European Investment Bank (EIB), Sputnik Georgia quoted the country’s Finance Minister Dimitri Kumsishvili as saying. “These funds will be spent on construction of the East-West highway,” Kumsishvili told reporters. The minister noted that EIB doubled the volume of investments …

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Tbilisi to Host Georgia-Moldova Business Forum

Business delegation of Moldova led by Vasile Bitka, Minister of Regional Development and Construction of Moldova, will host Georgia. The delegation consists of representatives of 10 Moldavian companies. They plan to establish partnership relations with Georgian business sector. Georgia-Moldova business forum will be held at Radisson BLU Iveria hotel at …

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Agro-insurance Must Step-by-Step Move Fully to Commercial Basis

For the last few years, the state has been implementing several important projects in the field of agriculture. In 2017, the budget of the Ministry of Agriculture has decreased compared to previous years. However, there are projects that still continue. One of them is the project of Agro –Insurance. The …

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Ukrainian Film Festival “Ukraine in Focus” Starts in Tbilisi

Ukraine in focus

Ukrainian Film Festival “Ukraine in Focus” opening ceremony will be held in the capital of Georgia, Tbilisi. Modern Ukrainian films will be shown at the Cinema “Amirani” (36 Kostava Str.) from April 27 to April 30. Attendance for all guests will be free of charge. Films will be shown in …

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Georgia Formally Ratifies EU Energy Treaty

Leaders from the European Union said Tuesday they welcomed Georgia, a former Soviet republic, as the latest member of the European energy community. All 89 members of the Georgian Parliament ratified an agreement Monday to align energy policies with the European Union. “The Energy Community welcomes Georgia’s accession and the …

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Minister of Energy: KaztransGas has Taken Unexpected Decision

kakha-kaladze-energy

KaztransGas has taken an unexpected decision and submitted an appeal to Arbitration Court, Minister of Energy Kakha Kaladze said. Government of Georgia has made a lot of statements about returning Kazakh management to the company. Negotiations are continued  and the issue of arbitration court may be taken out of the …

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