Georgian parliament approves reducing state share in Oil and Gas Corporation
Georgia, Tbilisi, Sept. 27 /Trend, N.Kirtskhalia/
The Georgian Parliament on Tuesday approved the decision to sell additional 24 percent of shares in Oil and Gas Corporation of Georgia.
Controlling share (51 percent) of the Oil and Gas Corporation remains in state ownership.
Amendments to the Law on State Property enable to place part of shares in Georgia's state-owned enterprises on world stock exchanges. Previously, the state owned 75 percent of the shares, but it was decided to reduce this share.