US petroleum company to increase investments in Georgia

Steven Nikandros, President and Chief Executive of Frontera Resources, an international petroleum company, met Georgian Prime Minister Bidzina Ivanishvili yesterday, the PM’s press service reports.

They discussed prospects of expanding cooperation. Nikandros plans to increase investments in Georgian economy.

The petroleum company has been operating in Georgia since 1997. Its headquarters are located in the US.

Adapted from Vestnik Kavkaza