Posted in: commodities-and-mining
RE: Frontera Archive26 Jun 2020 04:51
Posted by Looed on the 26th June :-
Translation #8, Zaza interview from 37m mark, 23/06, US$36.05
Pt.1
J1 - Today we are talking about the constitutional amendment, which was adopted under international pressure and international involvement, with the activism of the Allies in two hearings. And the activity of the Allies, the letters from Washington may be linked to the recent statement made by the Deputy Minister of Economy and Sustainable Development, which refers to the American company "Frontera". We read directly in the statement that "after the arbitration dispute with the company"Frontera", the state is ready to find a compromise and it is possible to continue working on certain conditions on the mines of the company"Frontera". What has changed recently and what opportunities does the state-owned company now offer to “Frontera”? We will talk about this now with Mr. Zaza Mamulaishvili, a representative of the company "Frontera". Hello, Mr. Zaza.
Zaza - Hello
You have had a dispute with the state for a long time, and lately we have been hearing from the government that the lobbyists of the Frontera, their merit, are criticizing the Georgian government on other issues as well. What has changed? First of all, let us know what happened. What is today's decision related to?
To be honest, this decision was made today in a rather unusual format, at an unusual time, in an unusual place. For example, 4-5 days ago I had a personal conversation with Mr. Tvalabeishvili, the Deputy Minister, in order for him to contact me and tell me he wanted to do something for the company, which we agreed to discuss if we could formulate this proposal. It was completely unexpected. In 3 days why it was necessary to announce the decision via TV or press. They were willing to meet, it was a bit strange for us.
Is it a format of cooperation?
Of course. Moreover, we have been calling for years to work more effectively and well. Especially what surprises us is heart feelings, at the same time in the same letter or in the same address as the state, as the Deputy Minister of Economy, continues to spread the false information that he used to do.
What do you mean by that?
I mean, in particular, the agreement we signed in 1997, which is signed by the state on the one hand and the company on the other hand, as well as the Oil and Gas Corporation, clearly states the conditions under which the company operates in the existing fields. What commercial or other conditions are defined there. So it is completely unclear what they are talking about, what they want to offer, or what new conditions Mr. Tvalabeishvili is setting. And, surprisingly, despite the fact that we have repeatedly appealed to the state, including the Ministry of Economy, and have not met so far, they continue to provide incorrect information to the public and the people. Because it is as if the corporation has achieved some uncertain victory ...