The internal political stability and economic development of a country greatly depend on the function of its energy sector. In 1991 immediately after gaining independence, Georgia’s energy sector found itself under heavy attack. The wishes and h

Georgia has a significant potential for the development of many sources of renewable energy. The rough calculations prepared by the Georgian Energy Academy in fall 2007 upon the request of the United States Agency for International Development put

The share of energy in the Gross Domestic Product of Georgia is three times greater than in the developed countries of Europe. This means that energy costs per unit of product produced in Georgia are three times more than in the developed countries

Tariffs on electricity and natural gas in Georgia are the highest in the region and throughout the post-soviet area. One probable reason for this is that the country’s natural gas supply is completely imported. The situation in the area of electric

Georgia is located in a region rich with energy resources. The Caspian region ranks second in the world in terms of the amount and importance of its energy resources. Centuries ago, oil and gas shows came up to the surface of the Earth. Sometimes,

Georgia’s geo-strategic location as an east-west energy corridor is frequently cited by western policymakers as justification for large-scale financial investment, technical and economic aid, and political support for the incumbent government.

According to the Parliament’s Resolution adopted in June 2006, the following are the priorities of the Georgian state policy in the gas and energy sector: (a) rehabilitation of gas units, (b) release of such units from debts and their privatization

After scientists ascertained that the technogenic influence by humans on the environment causes climate change, developed countries began devoting special attention to the issue of environmental protection. Global warming will cause floods, storms,

On June 7, 2007, the Parliament of Georgia adopted the Resolution on Main Directions of Georgia’s State Energy Policy, which explains the concept of the state energy policy and sets out the ways and means of its implementation. Parliament’s Resolut

The war that took place between Russia and Georgia in August, 2008 caused severe damage to Georgian economic and financial systems, a total collapse of military infrastructure, stopped direct investment flow into the country and significantly under