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Georgia to sell shares of Oil and Gas Corporation on foreign exchanges

Business Materials 5 October 2011 22:35 (UTC +04:00)

Georgia, Tbilisi, Oct. 5 /Trend, N.Kirtskhalia/

The Government of Georgia plans to put up about 24 percent of shares of Oil and Gas Corporation for sale on foreign exchanges, Georgian Minister of Energy and Natural Resources Alexander Khetaguri said today at a meeting of the parliamentary committee on economics.

The minister said there are plans to place shares on the London and Warsaw exchanges.

Khetaguri said that the state conducts consultations on this issue and results will be announced soon.

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