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Azerbaijan Weighs Gas Transit Options

Liquefied and compressed natural gas are possible avenues for gas transit diversification to Europe from Azerbaijan, executives said on April 13 in Bucharest.

Delegates from Azerbaijan, Georgia and Romania met in Bucharest to sign a memorandum of cooperation in the gas sector.

The construction of gas processing and transit centers for Azeri gas on the Black Sea coast was discussed at the Bucharest meeting. A project outlined in the measure calls for the construction of LNG terminals in Georgia and Romania, the Trend news agency reports.

Additional measures could accommodate compressed natural gas. The facilities could process as much as 700 billion cubic feet of gas.

Rovnag Abdullayev, the head of the State Oil Co. of Azerbaijan Republic, said preparations of feasibility studies from the Bucharest meeting could help Azerbaijan determine the best way to export gas from Black Sea ports.

"We have several options, including the export of LNG and CNG," he said. "The variety of these options will allow us to choose the right path."

Source: Official Wire

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