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Gazprom's Interest In Georgia's Gas Pipeline May Fade

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  • Gazprom's Interest In Georgia's Gas Pipeline May Fade

    GAZPROM'S INTEREST IN GEORGIA'S GAS PIPELINE MAY FADE

    RosBusinessConsulting, Russia
    June 20 2006

    RBC, 20.06.2006, Moscow 17:27:15.Gazprom is still interested in the
    acquisition of Georgia's gas transportation system, but this interest
    may fade, Gazprom Deputy CEO Alexander Ryazanov declared at a press
    conference today. He said Georgian officials were slowing down the
    process. According to Ryazanov, the negotiations have been completed,
    but the government of Georgia is still thinking the deal over and
    hasn't voiced its final decision yet. "I'm afraid Gazprom's interest
    may fade," the Deputy CEO of the Russian gas giant reported, adding
    that he had no idea what Georgia might need the backbone gas pipeline
    for since it was in a terrible condition at present.

    Ryazanov also stressed Gazprom still couldn't ensure a smooth transit
    of gas to Armenia via Georgia.
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