November 29, 2016 - 11:55 AMT
Baku may buy shares of Georgia's GOGC that delivers gas to Armenia

Azerbaijan’s state oil company SOCAR is ready to consider obtaining shares of the Georgian Oil and Gas Corporation (GOGC), if the sale is officially announced, Trend cited a SOCAR source as saying.

GOGC is the operator of the North-South pipeline, via which Russian gas is delivered to Georgia and Armenia.

Georgian Prime Minister Giorgi Kvirikashvili told a parliament meeting earlier that the legislative body is ready to sell 25 percent of each of the assets of the state-owned companies – Georgian Oil and Gas Corporation and Georgian Railways.