Georgia scraps offshore intermediary in Azerbaijani power imports

· Investigations · Georgia · Azerbaijan

Georgia has eliminated a secretive offshore intermediary involved in importing electricity from Azerbaijan, according to OCCRP. The move follows years of reporting that highlighted inflated costs and ties to connected businessmen in the arrangement. By cutting out the offshore entity, Tbilisi aims to make its cross-border power procurement more transparent and presumably cheaper, removing a layer that critics said added expense without clear benefit to the state or consumers. The decision reflects growing pressure on governments to clean up opaque energy trading structures that can hide who profits from public contracts. Details of the new arrangement, including how electricity will now be purchased, have not been fully spelled out in the reporting.

Why it matters：Removing an opaque offshore layer from cross-border power deals reflects a broader push to make state energy procurement and its beneficiaries transparent.

Key points

  • Georgia removed an offshore intermediary used in electricity imports from Azerbaijan
  • Move follows years of reporting on inflated costs and linked businessmen
  • Aim is greater transparency and lower costs in cross-border power procurement

Sources (original reporting)

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