EU4Energy to support Georgia in developing natural gas storage methodology

Eu4Energy News
6 March 2019

On 6 March, Energy Community experts in close cooperation with the Georgian National Energy and Water Supply Regulatory Commission (GNERC) and the Georgian Oil and Gas Corporation (GOGC) launched EU4Energy technical assistance aimed at developing a natural gas storage tariff methodology. The overall objective of the project is to enhance Georgia’s energy security, ensure an uninterrupted supply of natural gas in case of any temporary disruption and to contribute to the improvement of legislative and regulatory environment of the Georgian natural gas market.

The draft methodology compliant with the provisions of Directive 2009/73/EC and Regulation (EC) No 715/2009 and a tariff calculation tool will be delivered with EU4Energy assistance by April 2019.

* The EU4Energy Initiative covers all EU support to improve energy supply, security and connectivity, as well as to promote energy efficiency and the use of renewables in the Eastern Partner countries Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine. It does this by financing projects and programmes that help to reform energy markets and to reduce national energy dependence and consumption. Over the longer term, this makes energy supply more reliable, transparent and affordable, thus reducing energy poverty and energy bills for both citizens and the private sector.

In Scope:

  • Georgia Georgia