FEB. 7 2011 (The Conway Bulletin) – Georgia is considering an IPO to sell off 25% of both its state oil and gas company and the company distributing electricity around the capital Tbilisi, Reuters quoted the Georgian energy minister, Alexander Khetaguri as saying. Georgia plans to use the cash to build hydroelectric power stations.
ENDS
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(News report from Issue No. 26, published on Feb. 7 2011)