Natural Gas Europe
The Interconnector Azerbaijan-Georgia-Romania-Hungary (AGRI) pipeline project is still possible, and could provide a stimulus for “east Caspian countries” to produce more gas, according to energy specialist Liana Jervalidze.
AGRI, a proposed source of liquid national gas (LNG) to Europe, could be an auxiliary to the major gas pipelines once they come on line in 2018, she said.
“We don’t see now immediately chances for this project to be realized but in ten years time when Shah Deniz Two and TANAP will be implemented and addition volumes of gas will be available in Azerbaijan from other projects…maybe there will be room left for LNG as part of Azerbaijan energy diversity strategy,” she said during the 12th Georgian International Oil, Gas, Infrastructure & Energy Conference in Tbilisi on March 26.
Jervalidze, a professor at Ilia State University in Tbilisi and Analyst on Geopolitics of Energy, outlined the potential – and the challenges – for the AGRI project during the conference.
AGRI, a joint project between ROMGAZ, Georgian Oil and Gas Corporation, SOCAR, and Hungry’s MVM, could help the European Union met their 2050 goals to diversify types and sources of energy, Jervalidze noted.
If put on line, AGRI would have the potential to bring between 2 bcm and 8 bcm to Europe.
