AGP Executive Report
Last update: 9 hours agoEnergy Diplomacy: Georgia will receive 500 million m³ of Azerbaijani gas annually under a renewed 20-year deal, with “social” pricing unchanged—another step in keeping the South Caucasus energy pipeline stable. Regional Power: Russia’s Inter RAO says electricity exports/imports to Turkey and Georgia may resume only from September, linking volumes to prices and grid balance in southern Russia and Georgia. Oil & Infrastructure: BP says it will transfer operations of the Baku–Supsa pipeline to Azerbaijan and Georgia while staying involved under contractual obligations, with the handover process expected to finish in June. Tech & Business: TBC Bank Group’s Tapuz Limited has won Uzbekistan’s competition approval to acquire OLX, with conditions to prevent misuse of group influence and payment lock-in. Industry Finance: EBRD extended a €10m loan to Aversi Pharma to renovate and automate a Tbilisi central warehouse, aiming to cut energy use up to 40% and strengthen pharma logistics. Tech Ecosystem: Studio Liberty is the main partner of Global Tech Weekend Tbilisi 2026 (June 19–21), positioning Tbilisi as a tech hub for the Caucasus and Central Asia. Foreign Policy: Georgia, Turkey, and Azerbaijan signed an Istanbul joint declaration after their 10th trilateral meeting, with the next meeting planned in Georgia.
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