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Caucasus Georgia Monitoring

Georgia develops new methodology for natural gas storage with EU support

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.

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