1. Mr. Michael Sidamonidze, Head of New Energy Complexes Department Georgian National Oil Company “Saknavtobi” The role of Georgia in the new gas streams to EU

2. Gas consumption and demand forecasts

3. Georgia Baku Turkmenistan Uzbekistan Lebanon Azerbaijan Armenia Iran Ukraine Russia Kazakhstan Turkey Syria Iraq Cyprus Moldova Rumania Bulgaria Belarus Kurt Kiu Erzurum Ceyhan Korpezhe Present realities

4. In years 2015 - 2020 annual Gas Stream potential in Georgia may reach 45-50 billion m 3

9. Strategic Gas storage – consumers benefits High reliability of supply: High reliability of supply: Georgia, Turkey Georgia, Turkey Nabucco (Turkey, Bulgaria, Romania, Hungary, Austria) Nabucco (Turkey, Bulgaria, Romania, Hungary, Austria) Turkey-Greece-Italy interconnectors Turkey-Greece-Italy interconnectors Commercial robustness- gas supply can not be turned off from day to day Commercial robustness- gas supply can not be turned off from day to day Gradual increase of supply capacity is possible Gradual increase of supply capacity is possible

10. It is obvious that the construction of the UGS facility together with the power complex is feasible. The power complex includes: 1. Underground Gas Storage with the 500 mcm working volume; 1. Underground Gas Storage with the 500 mcm working volume; 2. Gas turbine, linked with the Steam turbine; 2. Gas turbine, linked with the Steam turbine; 3. Pipelines and compressor for CO2 injection 3. Pipelines and compressor for CO2 injection 4. Oil producing field. 4. Oil producing field. 5. Oil refinery. 5. Oil refinery. The last, together with the additional volumes from the oil field, by injecting the CO2, could be supplied with the imported oil. The picture below describes the power complex The picture below describes the power complex

12. POWER SECURITY CURRENT POZITION POZITION AFTER BUILDIG POWER COMPLEX