Georgia's Modern Decisions and Threats of Expansion of Russian Presence in the Caucasus
Eurasia Review. Journal of Analysis and News, February 26, 2017
4 Pages Posted: 11 Mar 2017
Date Written: February 26, 2017
To build trust within the parliament, in his address, Prime Minister of Georgia stated that the government would consider the Initial Public Offering (IPO) of 25% of the state-owned Georgian Railway and the Georgian Oil and Gas Corporation stakes. In January 2016, Gazprom initiated talks with the Georgian Ministry of Energy, seeking to replace the transit fee disbursement in the form of natural gas with cash amounting to 10% of the value of the transported commodity. By 2017, talks between Gazprom and the Ministry of Energy on the gas transit fee payment method resumed and, unfortunately, the Energy Minister of Georgia agreed to Gazprom’s proposal.
Keywords: Post-Soviet Georgia, Russia, Strategic Assets, Gas Transit, Armenia
JEL Classification: L92, L95, P28
Suggested Citation: Suggested Citation