The presence of 16 billion cubic meters of gas deposits in Georgia has been confirmed, Giorgi Tatishvili, the head of the State Oil and Gas Agency of Georgia, said on BMG.
The presence of natural gas was confirmed during works being conducted by the company ‘Schlumberger’ near Tbilisi.
Giorgi Tatishvili noted that the license block requires horizontal drilling, while under the conditions of its utilization, the country will be able to fully meet the demand for natural gas for 8 years.
