Page 50 - GEOGRptJun19

other Black Sea markets and Mediterranean markets. The remainder is to be sold on the domestic market, saving Azerbaijan around $90mn on urea imports. The production targets are 1,200 tonnes per day of ammonia and 2,000 tonnes per day of granular urea. Around 435mn cubic metres of natural gas as raw material is to be consumed.
Urea is usually used as a nitrogen-release fertilizer.
Construction of the plant begans as long ago as 2011. There were several project realisation delays.
Samsung Engineering Co. won an international open tender to provide engineering, procurement, construction and pre-commissioning services for the facility.
Azerbaijan is directing gas into several petrochemcial projects, with a couple of units already open at Sumqayit.
9.2.2 Transport corporate news
Russian Railways and Azerbaijan Railways have signed a memorandum on developing a co-operative strategy facilitating the creation of Eurasian transport corridors that stretch across countries including Turkey, Iran and Georgia, railway-news.com reported on May 7.
The memorandum signatories, director general and chairman of the board of Russian Railways Oleg Belozerov and chairman of Azerbaijan Railways Javid Gurbanov, met in Baku.
Company policies are to be aimed at developing and operating Eurasian international transport corridors with an eye on ensuring optimal transport conditions for import, export and transit.
The companies will jointly promote freight traffic on Iran-Azerbaijan-Russia-Europe routes within the western section of the international north-south transport corridor and on the Russia-Azerbaijan-Turkey route on the Baku-Tbilisi-Kars line.
Russian Railways and Azerbaijan Railways also want to develop their position as transit countries, such as between China and Azerbaijan via Russia.
The two parties reportedly said they would create a single information space using modern technology, electronic document management and cargo tracking facilities to make services more efficient.
The two parties are further expecting an agreement that will outline the development of the Samur-Yalama border infrastructure. An upgrade would increase capacity to accommodate expected traffic volumes.
Germany’s Lufthansa is expanding its flight offering on the Tbilisi-Munich route with the addition of two flights, taking the weekly total to nine. Extra Tuesday and Saturday flights will now be available.
The additional flights will give the customer more choice, especially in terms of onward connections to North America, Asia and Europe. Lufthansa passengers can connect in Munich for 140 destinations in 46 countries. The Tbilisi-Munich route capacity will rise by 14% as a result of the new flights. Munich is one of Lufthansa’s major hubs with a terminal that has received the Skytrax 5-Star award.
The existing early morning flights (departure 05:05) to Munich on Tuesdays and Saturdays will be joined by flights on an Airbus A320 departing Tbilisi at 15:55 and arriving in Munich at 18:00. The inbound flight to Tbilisi departs Munich on Tuesdays and Saturdays at 09:00 arriving in Tbilisi at 14:50 (all times are local).
Lufthansa first started flying to Georgia in 2005.
50 GEORGIA Country Report June 2019 www.intellinews.com