Georgia's State Oil and Gas Agency is preparing a national scientific program for a more detailed study of the country's natural resources. Within the framework of the project, the authorities intend to combine existing geological and geophysical information into a single information system, as well as prepare technical specifications for new aerogeophysical surveys.
To develop the program, the agency engaged the British company International Geoscience Services (IGS). The cost of consulting services will be $45.2 thousand.
The data obtained during the research is planned to be used not only to assess potential oil and gas reserves. It should help the state to manage natural resources more effectively, plan infrastructure development, and assess possible geological risks.
In addition, the authorities expect to increase the country's investment attractiveness. More detailed information about Georgia's geological structure and resource potential should give potential investors a more accurate idea of the opportunities for field development.
In essence, the country wants to conduct a modern audit of its subsoil and understand how great its real oil and gas prospects are.
