Investor Presentaiton
Regional hub
Baku Tbilisi Ceyhan (BTC) oil export pipeline - operated by BP from
Caspian Sea to Europe via the Turkish coast. 1.0 million bbl/day or circa
1.2% of the current World oil consumption (9% of the consumption by EU,
80% of aggregate consumption by Turkey, Romania, Bulgaria and Poland)
is transported through BTC or railway; c. $4bln invested by BP
Consortium;
Shah-Deniz (BTE) gas pipeline (South Caucasus pipeline) - 6.6 bcm/year
operated by BP to transport gas from Caspian Sea to Turkey;
Iran-Azerbaijan-Georgia (IAG) gas pipeline - 3.5 bcm/year
Western Route Pipeline (Baku Supsa) oil export pipeline 5.75 mt/year
operated by BP from Caspian Sea to European Markets through the Black
Sea;
Russia-Georgia-Armenia gas pipeline - 5.8 bcm/year
-
Free industrial zones created around Tbilisi, Poti (port), Kutaisi (second
largest city). Tax rates in FIZ are largely 0%
Two sea ports. Poti Sea Port privatized in December 2008 by Rakeen
Group (UAE) to build infrastructure for operating Free Industrial Zone
Transportation Communication and Trade cumulative CAGR 2004-2009
of 9.4%
Upcoming Projects
NABUCCO Project is to finish by 2015, and White Stream project is
flagged as "Priority Project" by EC
Baku-Akhalkalaki-Kars railway line
railway to link Asia and Europe
LNG
sanctioned in 2007 building
Azerbaijan-Georgia-Romania-Hungary Black Sea liquefied
natural gas export route will supply c.6- to 8-billion cubic meters of
liquefied Azerbaijani natural gas per year to Europe via Black Sea tankers
White
Stream
(proposed
Nabucco gas pipeline
to Central Europe
(planned)
Russia
Georgia
Supsa
Baku-Supsa
oil pipeline
Caspian
Sea
Armenia
Baku-Tbilisi-Ceyhan
oil pipeline
Erzurum
Baku-Tbilisi-Erzurum
gas pipeline
Turkey
Cehyan
Iraq
Syria
GDP Breakdown
Health, social and
community work, 10.1%
Education, 3.9%
Public administration,
13.3%
Real estate, renting and
business activities, 6.9%
Hotels and restaurants,
1.8%
Financial intermediation,
2.6%
Kazakhstan
Trans-Casplan
gas pipeline
(proposed)
Azerbaijan Sangachal Türkmenbasy
Terminal
Iran
Agriculture, hunting and
forestry; fishing, 7.5%
Turkmenistan
Trade (Retail &
Wholesale), 11.7%
Transport &
Communication, 10.8%
Mining and quarrying,
Manufacturing, 7.79,8%
Utilities & household
Construction, 5.6% processing, 4.6%
Lobko
BANK OF GEORGIA
www.bog.ge/ir
22.5%
November 2010
Page 10View entire presentation