A new boost for the Southern Corridor?
By Stephen Blank
November 20th, 2015, The CACI Analyst
In early October Frontera Corporation announced that it had discovered 3.8 trillion cubic meters (TCM) of gas in Georgia’s Kakheti region. Although the discovery needs to be confirmed and the precise amount of gas determined; this discovery has major potential benefits of both an economic and geopolitical nature for Georgia, Azerbaijan and Europe. But there are lurking dangers as well, especially as the Georgian government recently voiced its intention to sign an agreement with Gazprom for Russian gas and diversify away from its exclusive reliance on Azerbaijan, despite that country’s utter reliability over several years and lack of designs upon Georgia.
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