Georgia ready to return Kazakhstan management to KazTransGas-Tbilisi

Kakha Kaladze. Photo courtesy of out-football.com

Georgian government is ready to return management over gas-distributing company KazTransGas-Tbilisi back to Kazakhstan. Georgia’s Vice-PM and Minister of Energy Kakha Kaladze will come to Astana to discuss this issue, KazTAG reports. “We are ready to transfer the company’s management to Kazakhstan and we can also discuss terms of the transfer,” Kaladze said at the press-conference on Wednesday and added that he was ready to visit Kazakhstan after the Orthodox Easter (May 5). According to Kaladze, Georgian Energy Ministry has certain suggestions that it wants to discuss with KazTransGas management in Astana. Meanwhile, a source close to the negotiations told KazTAG that Astana had not received any official requests of the meeting and negotiations related to KTG-Tbilisi from the Georgian party. The municipal company Tbilgas (the owner of gas networks of Georgian capital) was privatized by KazTransGas in 2006 and transformed into KazTransGas-Tbilisi. Starting from March 2009, it has been managed by a special governor appointed by the state because of the country’s debt of around $40 million. According to the mandate, the governor should improve the company’s financial condition, while all of its assets remain in its ownership. On April 4 KazTAG published an interview with Director General of KazTransGas-Tbilisi Sandzhar Shokatayev, where the Kazakhstan manager told about the scheme that was used by the company to bring the debt to $43 million in 4 years of the special governor’s work.

Georgian government is ready to return management over gas-distributing company KazTransGas-Tbilisi back to Kazakhstan. Georgia’s Vice-PM and Minister of Energy Kakha Kaladze will come to Astana to discuss this issue, KazTAG reports. “We are ready to transfer the company’s management to Kazakhstan and we can also discuss terms of the transfer,” Kaladze said at the press-conference on Wednesday and added that he was ready to visit Kazakhstan after the Orthodox Easter (May 5). According to Kaladze, Georgian Energy Ministry has certain suggestions that it wants to discuss with KazTransGas management in Astana. Meanwhile, a source close to the negotiations told KazTAG that Astana had not received any official requests of the meeting and negotiations related to KTG-Tbilisi from the Georgian party. The municipal company Tbilgas (the owner of gas networks of Georgian capital) was privatized by KazTransGas in 2006 and transformed into KazTransGas-Tbilisi. Starting from March 2009, it has been managed by a special governor appointed by the state because of the country’s debt of around $40 million. According to the mandate, the governor should improve the company’s financial condition, while all of its assets remain in its ownership. On April 4 KazTAG published an interview with Director General of KazTransGas-Tbilisi Sandzhar Shokatayev, where the Kazakhstan manager told about the scheme that was used by the company to bring the debt to $43 million in 4 years of the special governor’s work.

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