About Civil.ge
Eng | Geo | Rus
Last updated: 10:55 - 1 May.'18
RSS
Mobile
Twitter
Facebook
Regulator Takes Over Management of Kazakh-Owned Gas Distributor
Civil Georgia, Tbilisi / 16 Mar.'09 / 17:55

Georgian National Electricity Regulatory Commission (GNERC) said on March 16 it had appointed “a special administrator,” which will manage the Kazakh-owned gas distributor company in the capital, KazTransGaz-Tbilisi, temporarily.

GNERC said that the move became required as the company, owned by the Kazakh state run KazMunaiGas, owes GEL 80 million in debt, including GEL 68 million to Georgian Oil and Gas Corporation, from which KazTransGaz-Tbilisi, had purchased gas.   

“A special administrator will remain in the company before the improvement of financial condition and before repaying cost of supplied gas,” Guram Chalagashvili, the head GNERC, said on March 16. “The special administrator, Temur Kopaliani, will be managing the company only temporarily and the assets will remain under the company’s ownership.”

KazTransGaz-Tbilisi, which acknowledges having the debt, said its immediate plan and goal was to provide unhindered supply of gas to Tbilisi consumers. “That’s all we can say at this stage,” Eka Saria, a spokesperson for KazTransGaz-Tbilisi, told Civil.Ge.

Kairgeldy Kabyldin, head of Kazakh state oil and gas company KazMunaiGas, told Reuters on October 7, 2008 that his company may look to sell KazTransGaz-Tbilisi, citing financial reasons.

Latest News
01 May.'18 10:55
We Have Moved to a New Platform
Direct Your Bookmarks to https://civil.ge.
29 Apr.'18 03:54
Ruling Party Candidate Wins MP By-Elections
Givi Chichinadze will represent Vani and Khoni single-mandate constituency in the Parliament of Georgia.
28 Apr.'18 09:40
Polls Open for Vani and Khoni MP By-Elections
48,123 voters are eligible to cast their ballots in Vani and Khoni single-mandate constituency.
27 Apr.'18 17:23
State Dept’s Europe Affairs Point Man to Visit Tbilisi
Wess Mitchell will meet senior government officials and address the NATO-Georgia Public Diplomacy Forum.
27 Apr.'18 13:45
In Quotes: Georgian Politicians on Ex-PM Bidzina Ivanishvili’s Comeback
Bidzina Ivanishvili will be approved as the Georgian Dream party chairman at the upcoming convention.
26 Apr.'18 18:15
SG Jens Stoltenberg: Georgia NATO’s ‘Very Close’ Partner
The NATO Secretary General says Foreign Ministers meeting tomorrow will recognize the country’s progress.
26 Apr.'18 14:24
Ex-PM Ivanishvili to Chair Georgian Dream Party
Prime Minister Giorgi Kvirikashvili said Ivanishvili was ‘best equipped’ to add new dynamism to the party.
26 Apr.'18 11:12
Lawmaker Proposes Criminal Liability for ‘Insult of Religious Feelings’
The parliamentary human rights committee decided to set up a working group for scrutinizing the draft law.
25 Apr.'18 17:21
New Abkhaz Government Head Appointed
Gennady Gagulia has served as the Abkhaz “prime minister” twice - in 1995-1997, and 2002-2003.
25 Apr.'18 14:43
Watchdog Improves Georgia’s Press Freedom Ranking
None of the countries of the former Soviet Union (except the Baltics) are ranked ahead of Georgia.

About Civil Georgia
Civil.Ge © 2001-2021, Daily News Online
Registered office: 2 Dolidze Str, 4-th Floor.
25