TODAY.AZ / Business

Azerbaijan considers buying shares of Georgia’s GOGC

29 November 2016 [11:30] - TODAY.AZ

By  Trend


Azerbaijan’s state oil company SOCAR is ready to consider obtaining shares of the Georgian Oil and Gas Corporation (GOGC), if the share for sale is officially announced, a source in SOCAR told Trend Nov. 28.

The newly appointed Georgian Prime Minister Giorgi Kvirikashvili said earlier at a meeting of the parliament that the Georgian parliament is ready to sell 25 percent per each the assets of the state-owned companies – Georgian Oil and Gas Corporation and Georgian Railways.

GOGC is the operator of the North-South gas pipeline, via which Russian gas is delivered to Georgia and Armenia.

URL: http://www.today.az/news/business/156416.html

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