Georgia will finance White Stream and Trans-Caspian Gas Pipeline Projects

Georgia will finance White Stream and Trans-Caspian Gas Pipeline Projects

For the purpose of development of White Stream and Trans-Caspian Gas Pipeline Projects, JSC Georgian Oil and Gas Corporation will allocate 200 000 UDS to finance the measures, to be carried out by the project’s promoter-companies W-Stream Caspian Pipeline Company Ltd and White Stream Limited.

Georgia owns 10-10% in W-Stream Caspian Pipeline Company Ltd and White Stream Limited.

The project envisages transportation of Turkmen gas to Europe. Completion of the project is planned for 2020-2022. Probably, The Trans-Caspian Project will become a part of TANAP.

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