The Prime Minister of Georgia continues a series of meetings at the Davos World Economic Forum. Giorgi Kvirikashvili held a meeting today with Robert Dudley, CEO of British Petroleum, one of the world’s energy giants. The parties discussed Georgia’s ongoing projects and prospects of cooperation.
During the meeting, the importance of South Caucasus Pipeline expansion (SCPx) under the second phase of the Shah Deniz project was emphasized, which involves expanding the pipeline capacity to transport 16 billion cubic meters of additional gas to European countries every year.
The parties commended the 20-year successful cooperation between BP and Georgia, with BP as one of the largest foreign investors in the country. The parties expressed hope that, given Georgia’s investment opportunities, more British investments will be made in the country.
“We had a very good discussion about the progress of the status of the Baku-Tbilisi-Ceyhan pipeline, as well as the new expansion of the South Caucasus gas pipeline not only through Georgia, but the status of construction through Turkey all the way to Europe. We had a very good discussion about that. We also spoke about some work BP is doing, and the Georgian Government is doing on microfinancing programs in the country and the region,” Robert Dudley stated after the meeting.
The BP Headquarters is located in London, England. The company operates in many countries across the globe. BP has been operating in Georgia since 1996, with over 500 employees working presently at the pipeline operations phase.