Foreseen Hazards of Georgian Oil and Gas Corporation’s Stock Sale for Armenia's Energy Security

The Institute for War and Peace Reporting  in cooperation with the Public Journalism Club  and the Media Center is hosting a discussion, entitled “Foreseen Hazards of Georgian Oil and Gas Corporation’s Stock Sale for Armenia's Energy Security”. The discussion will take place at 12:00, on December 26, at the Media Center, 30 Saryan Street (2nd floor), Yerevan.  

The debate featuring Armenian and Georgian experts on energy and political issues aims to discuss Georgian government’s intention to put out to tender 25 per cent of shares of Oil and Gas Corporation.

The transaction might directly affect Armenia in terms of energy security, since Azerbaijan’s state oil company, SOCAR, announced its decision to buy the shares of the Georgian company. For Armenia, this is a sensitive issue from the point of view of energy security, as Oil and Gas Corporation is the operator of the Georgian part of the North-South gas pipeline stretching from Russia to Armenia.

"We have discussed the allotment of 25 per cent of shares of Oil and Gas Corporation and Georgian Railways with several investment banks in stock market. We will make that decision in the event of relevant market conditions. This issue needs careful and correct resolution," Georgian Prime Minister was quoted as saying.

The event aims to increase public awareness on the issue through local media coverage.

The speakers of the discussion event are:

-      Gia Khukhashvili, chairman of the board of Georgia's Development Research Institute(via video call)

-      Armen Manvelyan, energy expert  

-      Ara Marjanyan, UN expert on energy issues (not confirmed)

-      Johnny Melikian, expert on Georgian studies   

Print Friendly and PDF
More Press Releases
Reasons and Tendencies of Hepatitis Transmission in Armenia
Media Center, Yerevan, in 2017-2018 Positive People Armenian Network NGO conducted a research in Yerevan, Gyumri, Vanadzor, Hrazdan, Sevan, Gavar, Martuni and in Armavir aimed at early disclosure of virus hepatitis B and C among population and raising awareness.
Defense Field State Procurement Contain Intense Corruption Risks: Expert
On July 26 Artak Manukyan president of National Center of Public Policy Research presented the monitoring results of 2017-2018 defense field state procurements at Media Center.
Media: New Authorities, Tendencies to be Concerned About
Manipulation, campaigns, disinformation, fake sites, all this has always been in media. It’s the scales we witness currently that enables media experts to label the situation as critical.
“The Obstacles Facing the Monitoring Group and Current Problems Relating to Violation of Human Rights in Penitentiary Institutions”
After the velvet revolution the ministry of justice sticks to the same position and keeps hindering the group's activity the same way", stated Nare Hovhannisyan, member of the public monitoring group in conducting public control in RA ministry of justice at July 25 Media Center discussion.
The Conditions of Russian Military Base Armenian Stay Should be Clarified
At July 23 Media Center discussion on “Unrest over Panik Incident”, Artur Sakunts, head of Helsinki Citizens’ Assembly Vanadzor Office labelled July 17 Panik incident on behalf of Russian military as terror act against the local population.
Follow us on social networks
Registration of events
Armenia-Turkey Events