KMG Co not to End Projects in Georgia
Kazakhstan, Astana, 4 October / corr. Trend K. Konirova / KazMunaygaz (KMG) company of Kazakhstan does not intend to finish its business projects in Georgia, Daniyar Berbaliyev, vice-president of KMG told Trend .
"Despite the current [tense] situation in Georgia, the national company does not plan to refuse from its projects and assets in this country," he said. Berbaliyev said that he had recently met with Georgian prime minister and confirmed the company's plans during the talk.
"Reports on intentions of KazMunaygaz to sell Tbilgaz are nothing but rumors. We will not refuse from a terminal in Batumi, as well," vice-president of KMG said.
Meanwhile, Dinu Patrichiu, general manager of Rompetrol Oil Corp. reported lately in his interview to Rustavi TV that if KMG refuses from Batumi port, the concern intends to buy it.
Trend reported earlier that Dinu Patrichiu offered to build the power bridge of Batumi-Constants on delivery of Kazakhstan oil to Europe.
A new oil terminal, which should be "hub" on oil delivery from the Caspian region to South Europe, should be launched in Constantza port in November, this year.
Construction work of terminal is carried out by Rompetrol, 75% of shares of which were bought by KazMunygaz national Co.
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