US Ambassador Welcomes Georgian Gov't's Decision Regarding Frontera Case

US Ambassador to Georgia Kelly Degnan welcomes the Georgian government's decision not to terminate its contract with Frontera Resources Georgia Corporation.

The ambassador noted that this is a good sign that the Georgian government is open to conversation and communication.

"We welcome the decision of the Georgian government on this issue. This is a good sign that the Georgian government is open to conversation and communication. Therefore, it would be good if communication is established and this issue is resolved through dialogue and agreement. There is a desire and openness from the Georgian side to communicate," she stated. 

For the record, the Georgian government has decided not to terminate its contract with Frontera Resources Georgia Corporation and to allow the company to continue operating in the part of the original contract area where oil production has been underway since Soviet times, about 1% of the state search area, as about 99% of this area has already been returned by Frontera to the state in accordance with the arbitrage decision.

By Ana Dumbadze 

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