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Georgias Modern Decisions and Threats of Expansion of Russian Presence in the Caucasus

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Document pages: 4 pages

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 Gazprom’s proposal.

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