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Azerbaijan Strives For Pipeline Transporting Gas To Armenia

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  • Azerbaijan Strives For Pipeline Transporting Gas To Armenia

    AZERBAIJAN STRIVES FOR PIPELINE TRANSPORTING GAS TO ARMENIA

    news.am
    Nov 30 2010
    Armenia

    Azerbaijani State Oil Company (SOCAR) intends to fully control gas
    network of Georgia and participate in the privatization of pipeline
    transporting fuel to Armenia, SOCAR President Rovnag Abdullayev said
    in an interview with the ANS TV channel.

    "The company is holding negotiations with the oil corporation of
    Georgia. We are ready to purchase the gas pipeline before announcing
    its privatizagtioon or trust management," he said.

    He recalled that the oil company had already invested over $500 m
    in the neighboring state. The President stated that management of
    Georgia's gas network, except for Tbilisi, is trusted to the State
    Oil Company.

    Under decision of the Georgian leadership, section of a pipeline was
    excluded from the privatization list. SOCAR immediately announced
    about its intention to purchase it. Many experts note that if Georgian
    authorities allow it happen, it may negatively affect the relations
    between Yerevan and Tbilisi.




    From: A. Papazian
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