JSC Georgian Oil and Gas Corporation, located in Tbilisi, is a key player in the country's energy sector, covering various segments of the oil and gas industry. It has the status of a national oil company and plays an important role in protecting Georgia's interests under production sharing agreements with international and local investors.
As the owner of Georgia's main gas pipeline system, the corporation performs a critical function in ensuring the country's energy security. This is achieved through the effective management of cross-border oil and gas transportation systems, which contributes to increased stability both in Georgia and in international energy markets. Due to its strategic location, the corporation actively supports the development and optimization of new transit routes, using the potential of the Caspian and Black Sea basins.
The Corporation demonstrates its commitment to innovation and competitiveness in liberalized energy markets. It pays significant attention to the implementation of modern management practices and quality control measures, which allows it to remain at the forefront in a rapidly changing economic environment.
Through its subsidiaries, the corporation is expanding its presence in the energy sector. These include Gardabani Thermal Station LLC, which operates the first thermal power plant in Gardabani, and Gardabani Thermal Power Station-2 LLC, created for the construction and operation of the second station. Also among the subsidiaries are Gas Storage Company LLC, which is engaged in the construction of Georgia’s first underground gas storage facility, and Georgian Gas Transmission Network Owner LLC, which manages main gas pipelines.
A visit to the office of Georgian Oil and Gas Corporation JSC in Tbilisi will be useful for representatives of the business community looking for opportunities for cooperation in the field of energy, as well as for interested parties seeking to understand how the Georgian energy market is developing in the modern world.
