Georgian deputy economy minister joins EU energy ministers working meeting
Georgian deputy economy minister Romeo Mikautadze on Wednesday joined European Union ministers responsible for energy at an informal meeting in Prague. Photo: ministry of economy
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Georgian deputy economy minister Romeo Mikautadze on Wednesday joined European Union ministers responsible for energy at an informal meeting in Prague, with the gathering discussing the bloc’s current energy preparedness for the coming winter, electricity market reform and the challenges in the sector in general.
Speaking at the meeting, Mikautadze focused on Georgia's strategic location between Europe and Asia and noted the country was ready to contribute to Europe's energy security, the ministry of economy said on Thursday.
The minister also said Georgia had a “favourable geographical location” to successfully fulfil the function of an energy bridge, and brought up the example of the project of the Black Sea submarine transmission cable set to connect the country and the South Caucasus region to the EU energy system.
Mikoutadze also spoke about capabilities of Georgia as a country with an “important transit function” for transporting energy resources to Europe.
He said the country was aiming to further increase its transit role and contribute to a strengthening of the energy security of the European Union through the South Caucasus region.
2022 has been a “record year”, the first year without the waste of falling water from hydroelectric power plants and with “every” cubic metre used to generate electricity, Romeo Mikautadze, Georgia’s Deputy Economy Minister said on Saturday at a dedicated event celebrating the Energy Workers Day.
Electricity production and the energy sector play an important role in the development of the Georgian economy, all branches of the economy are directly related to the success of the energy sector, Levan Davitashvili, Georgian Economy Minister said on Saturday at a dedicated event celebrating the Energy Workers Day.
The Georgian Energy Exchange will probably not be launched in September amid "increased risks in the region", Economy Minister Levan Davitashvili said at a press briefing on Monday.
Georgia will have new, fiscally sustainable mechanisms to improve the support framework for energy projects, which will help to ensure energy independence, Economy Minister Levan Davitashvili said on Friday at a plenary session of the Georgian Parliament.
Georgian economy minister Levan Davitashvili and European Union ambassador to Georgia Pawel Herczynski on Friday welcomed the dynamics of the development of economic relations between the country and the bloc, making a particular mention of the implementation of the 2014-signed association agreement, the ministry of economy said.
Georgian economy minister Levan Davitashvili on Wednesday held meetings with the European commissioner for energy Kadri Simson and the commissioner for transport Adina Vălean, within the framework of a working visit to Brussels, discussing the relations between Georgia and the European Union, the fulfilment of obligations defined by the Association Agreement and other priority areas of cooperation.
Georgian economy minister Levan Davitashvili on Wednesday said Georgia could be a “leader” in the process of connecting the countries of the South Caucasus and Central Asian regions with the European Union.
Georgian economy minister Levan Davitashvili on Friday said he had discussed progress made by the country that brought it closer to the European Union in his meetings with European commissioners in Brussels this week.