TBILISI Nov 29 Georgia plans to sell a 25
percent stake in the state Oil and Gas Corporation (GOGC) on an
international stock exchange in 2017, the finance minister of
the former Soviet republic said on Tuesday.
"The corporation's 25 percent stake will be placed on one of
the exchanges abroad, in London or Shanghai," Dmitry Kumsishvili
He did not elaborate.
The GOGC, which operates the North-South gas pipeline
transporting gas from Russia to Armenia via Georgia, issued $250
million of its first five-year Eurobonds in 2012 and the same
amount again in April 2016. Goldman Sachs and J.P. Morgan acted
as lead manager
(Reporting by Margarita Antidze; Editing by Ruth Pitchford)