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

See all articles by Vladimer Papava

Vladimer Papava

Ivane Javakhishvili Tbilisi State University

Date Written: February 26, 2017

Abstract

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 Gazpromā€™s proposal.

Keywords: Post-Soviet Georgia, Russia, Strategic Assets, Gas Transit, Armenia

JEL Classification: L92, L95, P28

Suggested Citation

Papava, Vladimer, Georgia's Modern Decisions and Threats of Expansion of Russian Presence in the Caucasus (February 26, 2017). Eurasia Review. Journal of Analysis and News, February 26, 2017, Available at SSRN: https://ssrn.com/abstract=2930977

Vladimer Papava (Contact Author)

Ivane Javakhishvili Tbilisi State University ( email )

1, Ilia Tchavtchavadze avenue
Tbilisi, Tbilisi 0179
Georgia
+995 32 222-0241 (Phone)
+995 32 222-5107 (Fax)

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