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Gazprom says interested in Georgia's pipeline privatization

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  • Gazprom says interested in Georgia's pipeline privatization

    Gazprom says interested in Georgia's pipeline privatization

    Prime-Tass English-language Business Newswire, Russia
    November 11, 2004

    MOSCOW, Nov 11 (Prime-Tass) -- Russia's natural gas monopoly Gazprom
    was interested in taking part in the privatization of Georgia's
    pipeline and gas distributing companies, Sergei Kuznets, an official
    with Gazprom told an industry conference Thursday.

    He said that the Georgian government was currently preparing a list
    of assets subject to privatization and Gazprom planned to take part
    in the privatization, if the terms were acceptable to it.

    "It is important for Gazprom because the gas pipeline links Russia
    with Armenia," he said.

    Furthermore, Gazprom may participate in the construction of a gas
    pipeline from Iran to Armenia, he said, adding that this project
    envisages supplying gas from Iran to Armenian power stations in return
    for Armenian electric power supplied to Iran. End
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