Tbilisi hosts 54th meeting of Continental Europe Energy Council16 May 2022 13:56
Tbilisi hosts 54th meeting of Continental Europe Energy Council
200 delegates from more than 70 oil and gas companies are participating in the forum.
One of the main issues of the conference is the potential of Georgian carbon resources and the prospects of their adoption, which are the largest oil companies such as "ExxonMobil", "OMV PETROM", "DMT", "Block energy" and so on. S T H I N G I N G It's the cause of interest.
54th meeting of the Energy Council was opened by Vice Prime Minister, Minister of Economy and Sustainable Development Levan Davitashvili.
According to the minister's assessment, the direction of energy due to the created geopolitical situations is especially relevant when energy independence is becoming more and more important all over the world, including in Georgia.
"Georgia has quite solid oil and gas resources, this is proven by past experience - at the peak of the 20th century Georgia would have produced more than 3 million tons of oil on the Samgori field alone. This is a prerequisite that we can increase oil production in several perspectives today,” the vice premier noted.
The meeting also discussed information about the geological condition of oil and gas potential wells in Georgia and ongoing search and search work on existing wells. The presentation, which was presented by the Head of the Oil and Gas Agency Giorgi Tatishvili, aroused special interest. It is planned to announce an open international tender on licensed areas of Georgia.
At the working meeting, major oil companies presented their views on their activities and future projects in the region.
"This meeting will be a big step in further investments, there are already first results, yesterday a contract was signed between Polish State Oil Company and Georgian Oil on Seismic Geophysical Works in the Tbilisi region A memorandum was signed between SA and Gas, as a result of which the state and two private companies will work on the development of new perspective structures in Kartli region and further About conducting work there," said Giorgi Tatishvili, the head of the State Oil and Gas Agency.
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