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Kazakhstani Management Team to Return to KazTransGas

Published: September 10, 2013 | 12:55 pm
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The Energy Ministry has designed a plan for the return of the Kazakhstani management team to KazTransGas. The Deputy Energy Minister Ilia Eloshvili has told TV3 that according to a court ruling, the old management team will take charge at the company once the Georgian side is satisfied that the change will not have a detrimental effect on the activities of KazTransGas.
Mr. Eloshvili adds that the Kazakhstani side has already requested the company’s current financial figures to study them, and a meeting between the sides will take place in September.
Administrators were appointed at KazTransGas in 2009, with the company owing the State GEL 80 million. As of now, the administration process is due to last until June 2014.

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