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Tbilisi: Gazprom Eyes Georgian Pipelines

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  • Tbilisi: Gazprom Eyes Georgian Pipelines

    Civil Georgia, Georgia
    Jan 21 2005

    Gazprom Eyes Georgian Pipelines


    Visiting representative of the Russian energy giant Gazprom told
    reporters in Tbilisi on January 21 that the company is interested in
    privatizing Georgian gas pipeline system.

    However, Georgian officials say that no final decision over
    privatizing gas pipelines has been made so far.

    `We are very cautious over this issue. Currently there are no plans
    over selling gas pipelines,' Georgian Prime Minister Zurab Zhvania
    told reporters on January 21.

    Georgian gas pipeline system includes pipes, which distributes gas in
    the Georgian regions and pipelines, which are used for transit of gas
    from Russia into Armenia. Observers say that state-run Gazprom is
    mainly interested with taking over transit gas pipelines.

    Georgian officials say Gazprom is also interested in purchasing
    several power plants in Georgia.

    On July 1, 2003 Georgian government and Gazprom signed a memorandum
    on strategic cooperation for 25 years.

    The agreement, which is still in force, envisages supply of natural
    gas to the Georgian customers, rehabilitation of the gas pipelines,
    including two trunk-line gas pipelines, one of which will be used for
    transportation of gas to Armenia and the other - to Turkey, via
    Adjara Autonomous Republic.
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