The possibility of building a 700-km long gas pipeline under the Black Sea which will link Georgia with Ukraine – as well as with Europe – and will by-pass Russia seems more feasible than ever as the EU shows increasing interest in geographically diversifying its external energy supplies, experts say.
The Georgia-Ukraine-European Union (GUEU) gas pipeline project was discussed at the Georgian International Oil, Gas, Energy and Infrastructure Conference (GIOGIE) this March.
Giorgi Vashakmadze, who represents the GUEU, says that the project is currently at the pre-feasibility study stage, which is expected to be concluded by the end of 2006. The Pipeline Systems Engineering Ltd is overseeing the technical aspects of this process.
