Wednesday, December 7 2016 18:07
Alexandr Avanesov

Armenian Prime Minister sees no reasons for concerns related to possible sale of 25% shares of gas pipeline by Georgian government

Armenian Prime Minister sees no reasons for concerns related to possible sale of 25% shares of gas pipeline by Georgian government

ArmInfo. Armenia's Prime Minister Karen Karapetyan does not see any grounds for concern related to possibility of sale of 25% of shares of the cross-country gas pipeline by the Georgian government.

According to Karapetyan as of now the matter concerns to intentions only. "But even if the Georgian government adopts such a decision I do not see any risks for Armenia", the Prime Minister noted adding that 25% do not have decisive importance. However, if more shares are sold risks will grow and in this case we will hold negotiations with friendly Georgia", Karen Karapetyan stressed.

To note, earlier Georgian mass media were informing that as soon as there are favorable conditions the Georgian government will place 25% of shares of "Petroleum and Gas Corporation" and "Georgian Railway" on the stock market. Earlier Azerbaijan's State Petroleum Company (SOCAR) was stating about its intention to buy Georgian pipeline. Gas from Russia is being supplied to Armenia via this very pipeline and naturally decision to sale part of it is a reason for concerns for the Armenian side.


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