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Georgian official: Country does not hold pipeline negotiations with Kazakhstan

Kazakhstan Materials 6 July 2010 12:28 (UTC +04:00)
Georgian Energy Minister Alexander Khetaguri refuted rumors that the country is negotiating the privatization of the country's main gas pipeline with KazaMunayGaz. No negotiations are being held, Khetaguri told Kommersant radio.
Georgian official: Country does not hold pipeline negotiations with Kazakhstan

Georgia, Tbilisi, July 6 / Trend N.Kirtzkhalia /

Georgian Energy Minister Alexander Khetaguri refuted rumors that the country is negotiating the privatization of the country's main gas pipeline with KazaMunayGaz. No negotiations are being held, Khetaguri told Kommersant radio. 

Georgian Prime Minister Nika Gilauri also refuted the rumors, adding that a controlling stake in the state-owned pipeline will not be sold under any conditions. Nevertheless, he did not rule out the placing of 15-20 percent of the shares on the London Stock Exchange, noting that such a move would be be good for Georgia's international image and also attract investments.

Azerbaijani media spread rumors earlier this week that Georgia is negotiating the sale of the gas pipeline to KazMunaiGas. However, the pipeline is no longer on the list of objects subject to privatization.

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