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GEORGIAN GOV'T DECISION CAUSES OUTRAGE IN ARMENIA
news.az
Aug 12 2011
Azerbaijan
Georgian authorities plan to take 25 percent of shares of the Georgian
Oil and Gas Corporation to London and New York international stock
markets.
The decision of the Georgian government, which calls to take shares
of large state-owned companies to international stock exchanges,
has caused an outrage in Armenia.
A number of Armenian media outlets including Armenian Press report
that Azerbaijani companies may obtain the pipeline that connects
Russia and Armenia through Georgia. In this case it is possible that
Armenia will face gas supply problem.
The Georgian authorities plan to take 25 percent of shares of the
Georgian Oil and Gas Corporation to London and New York international
stock markets. According to the government, this will give Georgia
an opportunity to identify the real value of state-owned companies
and also raise their rating.
The Georgian section of the Baku-Tbilisi-Ceyhan gas pipeline is owned
by the Georgian Oil and Gas Corporation.
Russian Vzqlyad newspaper reports that Georgia's Energy and Natural
Resources Minister Alexander Khetaguri said shares of some facilities
will be placed in London, New York and Warsaw stock exchanges under
the government decision.
This may also apply to the gas pipeline that connects Russia and
Armenia and owned by the International Oil and Gas Corporation. The
main point here is the sale of about 25% of shares.
However, Georgian government stated earlier that it had no intention
to sell Russia-Armenia gas pipeline.
news.az
Aug 12 2011
Azerbaijan
Georgian authorities plan to take 25 percent of shares of the Georgian
Oil and Gas Corporation to London and New York international stock
markets.
The decision of the Georgian government, which calls to take shares
of large state-owned companies to international stock exchanges,
has caused an outrage in Armenia.
A number of Armenian media outlets including Armenian Press report
that Azerbaijani companies may obtain the pipeline that connects
Russia and Armenia through Georgia. In this case it is possible that
Armenia will face gas supply problem.
The Georgian authorities plan to take 25 percent of shares of the
Georgian Oil and Gas Corporation to London and New York international
stock markets. According to the government, this will give Georgia
an opportunity to identify the real value of state-owned companies
and also raise their rating.
The Georgian section of the Baku-Tbilisi-Ceyhan gas pipeline is owned
by the Georgian Oil and Gas Corporation.
Russian Vzqlyad newspaper reports that Georgia's Energy and Natural
Resources Minister Alexander Khetaguri said shares of some facilities
will be placed in London, New York and Warsaw stock exchanges under
the government decision.
This may also apply to the gas pipeline that connects Russia and
Armenia and owned by the International Oil and Gas Corporation. The
main point here is the sale of about 25% of shares.
However, Georgian government stated earlier that it had no intention
to sell Russia-Armenia gas pipeline.