We are in talks to create a council with equal representation, which will manage the operation of the Enguri plant, Georgian Energy Minister Alezander Khetaguri said.
Khetaguri said that a memorandum on the start of negotiations was signed in Tbilisi in December 2008, despite a war between the two countries over breakaway South Ossetia in August 2008.
Khetaguri said that there was no prospect of tranfering any shares in Enguri project to Russia.
All 100 percent of shares of Enguri were, are and will be in the hands of Georgia, Khetaguri said.
Khetaguri said that on account of signing of a final agreement, Russia would pay Georgia for electricity consumed in Abkhazia. He also said that Russia was ready to buy additional electricity from the Enguri plant for its southern regions.
