UTILIZED NATURAL GAS VOLUME FROM GAS STORAGE IN TOTAL NATURAL GAS CONSUMPTION AND IMPACT ON TARIFF IN GEORGIA
Abstract
In Georgia in the case of gas storage construction, import dependence and purchase of imported gas during peak load periods, when the price of natural gas is the highest among the seasons of the year, will be partially reduced, which will contribute to reducing household tariffs. Georgia has interest in implementing a gas storage project. In case of construction of an underground gas storage facility, the country will receive a strategically important facility that will ensure energy security, uninterrupted and reliable gas supply to consumers, and diversify in case of gas supply disruptions in critical situations.
References
Annual Report of the National Energy and Natural Resources Commission of Georgia, 2023. www.gnerc.org
Technical and Economic Justification for the Construction of a Gas Storage Facility www.gogc.ge
Methodology for Calculating Natural Gas Tariffs www.gnerc.org
Balance of Natural Gas Consumed in 2023
Balance of Natural Gas Consumed in 2024
Energy Policy of the State of Georgia https://www.economy.ge/uploads/files/2017/energy/2023/energetikisa_da_klimatis_integrirebuli_gegmis_garemos_dacviti_shefasebis_angarishi_20_10_23/1_sakartvelos_saxelmwifo_energetikuli_politika.pdf
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