Gazprom quashes fears over Georgia pipeline stake

Russia’s energy giant Gazprom shoots down fears that it is looking to acquire or has acquired a significant stake in Georgia’s main natural gas pipeline and says it is only hypothetically interested in an acquisition

Gazprom, the world’s largest gas producer, has dampened fears that it has already acquired or is planning to buy a stake in a part of Georgia’s North-South trunk gas pipeline, which could change the dynamic of how Armenia receives its gas. Gazprom said it is only hypothetically interested and is not actively seeking a stake at the moment.
A Gazprom official told Energy Risk: “We do not hold any equity in the pipeline at all. If we even considered it a possibility, the first step would be to

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