Georgia Hopes for 1bn m³/yr SD-2 Transit Fee
Georgia hopes to receive 1bn m³/yr as a fee for transiting Azerbaijani Shah Deniz gas across its territory through the Southern Gas Corridor (SGC), Georgia's premier Georgii Kvirikashvili said.
According to the Azerbaijan-Georgia intergovernmental agreement on Azerbaijani gas transportation, Georgia receives 5% of the gas as a transit fee for transporting 1000 m3 of gas via its territory.
Georgia received about 270mn m³/yr from transiting 5.7bn m³/yr of Shah Deniz-1 gas to Turkey, but it is expected that exporting 16bn m3/yr of Shah Deniz stage 2 gas to Turkey and EU will start in 2020.
If Georgia receives 5% of transited gas, that means about 1.05bn m3/yr from transiting 22bn m3/yr of Shah Deniz gas from both stages of field development.