Gas has been a vital part of the evolving landscape of global energy resources. This gas plays a crucial role in maintaining energy security as well as economic prosperity for many nations. Georgia, located between Eastern Europe and Western Asia in the middle of Asia, is not immune to this energy revolution. Georgia has received attention because of its location, which is strategic and its increasing demand for energy. Find more.
Natural Gas Reserves and Exports
Georgia’s natural gas is mainly imported. It does not have any reserves. Historically, Georgia has received its natural gas primarily from Russia and Azerbaijan. Georgia has received a large portion of its gas needs from Russia’s Gazprom as well as Azerbaijani SOCAR, the state-owned oil firm.
Energy Security and Diversification
Georgia’s dependence upon external gas suppliers underscores the importance of diversification and energy security. In recent years, Georgia has sought to decrease its dependence on a single gas source by exploring alternative routes and supplies. Georgia now has access to a new supply of gas and new routes thanks to the Southern Gas Corridor. By reducing risks, this diversification strategy increases Georgia’s energy security.
Georgia invests in the expansion of its energy infrastructure. Construction and modernization include pipelines and storage, as well as distribution networks. A better infrastructure is not only important for the transportation and distribution, but will also help position Georgia as an energy hub.
Although natural gas burns cleaner than oil and coal, there are still environmental concerns. Hydraulic fracturing, also called “fracking,” is a process that can cause negative effects on water and local ecosystems. In addition, the transportation and distribution of gas can cause methane emission, which is a powerful greenhouse gas. Georgia is looking to use more natural gas but must also balance this with the sustainability of its environment.
In an era where the focus is increasingly on the transition to renewable energies to combat climate changes, natural gas’ role in Georgia’s mix of energy becomes a subject of discussion. Natural gas may be a transition fuel to help Georgia move away from other carbon-intensive alternatives, but it is important for Georgia to keep diversifying its portfolio. It is crucial to achieve long-term sustainable goals by investing in renewable resources like solar and wind energy.