What are some gas supply alternatives Georgia is considering?

According to the draft National Energy Policy, the government is planning to improve Georgia’s energy security by 2030 by: Diversifying external energy supply sources, including gas supply alternatives (i.e. LPG, LNG and CNG swapping options). Reducing import dependency through energy efficiency and renewable energy development.

How can Georgia benefit from surplus energy?

Unfortunately, no energy storage facility, planned investments, or supporting incentive policies are in place to help Georgia benefit from this surplus energy. Policy and regulatory constraints in integrating new technologies to address energy security.

What is Georgia's energy security?

Energy security. Georgia's energy mix is dominated by hydropower (75%), and due to seasonal variations in water availability, relies heavily on imports from neighboring countries (Russia and Azerbaijan) to meet demand-supply gap.

How do gas imports reach Georgia from Azerbaijan?

Gas imports from Azerbaijan reach Georgia by way of the South Caucasus Pipeline (SCP). The SCP transports gas from the Shah Deniz field parallel to the route of the Baku-Tbilisi-Ceyhan (BTC) crude oil pipeline from Azerbaijan through Georgia to Türkiye.

When will the Georgian Energy Exchange open?

The Georgian Energy Exchange was scheduled to open on 1 September 2022, introducing day-ahead and intraday markets, as well as markets for bilateral contracts. However, its opening has been repeatedly postponed due to incomplete market operation procedures.

From where does Georgia import natural gas?

Georgia imports natural gas from Azerbaijan and Russia. It also transits gas from Russia to Armenia and from Azerbaijan to Türkiye and further to Europe.