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March 29
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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.

 

 

 

 

 

 

 

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