Georgian minister: Gov't not interested in selling stake in pipeline
Georgia, Tbilisi, July 12 / Trend N.Kirtzkhalia /
The Georgian government is not interested in selling a 100-percent stake in the North-South main gas pipeline, Economy and Sustainable Development Minister Vera Kobalia told journalists today.
The government plans to sell a 10-15-percent stake in the pipeline over two or three years, she said.
Kobalia did not specify the interested buyers.
Talks on the privatization of the pipeline that transports gas from Russia to Armenia via Georgia began after parliament withdrew the project from a list of strategic facilities that are not subject to sale.
Russia's Gazprom, Kazakhstan's Kazmunaigaz and Azerbaijan's SOCAR have shown interest in purchasing the pipeline.