Law of Georgia on Legal Principles for the Construction, Operation, Maintenance, Repair and Exploitation of Some Oil Transportation Facilities in the Territory of Georgia and for the Import, Transport, Storage and Export of Oil through Such Facilities (No 182–IIS of 1996)

This Law provides for the legal principles for the construction, operation, maintenance, repair and exploitation of certain oil transportation facilities in the territory of Georgia and for the import, transport, storage and export of oil through such facilities. Specifically, it states that the executive authorities of Georgia, the Government of the Republic of Azerbaijan, the Georgian International Oil Corporation and the oil companies specified in Article 1(2) of the Law, have concluded several agreements with regard to the project on the construction, operation, maintenance, repair and exploitation of certain oil transportation facilities and on the extraction, supply, import, pumping, storage, management, marketing, sale and export of oil through such facilities within, via or from the territory of Georgia. The Law further provides that The Agreement between the Government of Georgia and the Government of the Republic of Azerbaijan of 8 March 1996 relating to the development and refurbishment of certain existing pipeline facilities, and to the creation of new pipeline facilities and the transportation of oil via such facilities passing through the territory of Georgia, shall be ratified.