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Ex-Economy Minister Levan Davitashvili Appointed CEO of Socar-Owned Italiana Petroli


Georgia’s former economy minister, Levan Davitashvili, has been appointed CEO of Italiana Petroli (IP), an Italian petroleum and energy firm, following its acquisition by the State Oil Company of the Azerbaijan Republic (SOCAR), which announced the appointment after completing the purchase of 99.82% of IP’s share capital.

In a May 13 press release, IP said Davitashvili will lead its operations in Italy, “with the focus of ensuring operational continuity, preserving and further strengthening its position in the national energy market, and overseeing the company`s integration within the broader SOCAR Group.”

The company said that Davitashvili is “proficient in the Italian language” and “brings over 25 years of experience across senior public and private sector leadership positions.” It noted that during his tenure as Georgia’s economy minister, he “led the country’s economic strategy and supported the implementation of major infrastructure initiatives.”

The press release added that Davitashvili also guided Georgia’s “involvement in the Green Energy Corridor initiative, connecting the South Caucasus to European Union member states” and “since November 2025, he has served as Advisor to the President of SOCAR.”

Levan Davitashvili served as Georgia’s economy minister and deputy prime minister from 2022 until June 2025, when he was replaced by current minister Mariam Kvrivishvili. Following his departure, Davitashvili was appointed chief economic adviser to Georgian Dream Prime Minister Irakli Kobakhidze and secretary of the Economic Council, a coordinating body.

He has also chaired the board of Black Sea Petroleum, the company that operates the Kulevi Oil Terminal on Georgia’s Black Sea coast. In recent months, the terminal came under scrutiny over its alleged role in facilitating Russian oil exports and was initially considered for inclusion in the European Union’s 20th sanctions package against Russia. The EU ultimately decided not to include the port in the sanctions package, citing “positive commitments” by Georgian authorities and the terminal’s operator SOCAR.

In February 2026, Davitashvili was questioned by the Anti-Corruption Agency of the State Security Service of Georgia (SSSG) for what authorities later described as “part of an ongoing investigation into a contract signed with one of the major oil companies.” Davitashvili said “discussions” concerned, among others, possible risks related to Georgia facilitating gas supplies to Europe. The agency later corrected him, clarifying that he had been at a questioning, not a discussion, and that the questions focused on risks related to Georgia’s own gas supplies and contract terms affecting the country, not the EU’s gas supplies.

Also Read:

The post Ex-Economy Minister Levan Davitashvili Appointed CEO of Socar-Owned Italiana Petroli first appeared on The South Caucasus News – SouthCaucasusNews.com.

The post Ex-Economy Minister Levan Davitashvili Appointed CEO of Socar-Owned Italiana Petroli first appeared on The World Web Times – worldwebtimes.com.


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There is no military solution to disputes with Tehran, Araghchi says


Speaking at the “BRICS 2026” foreign ministers’ meeting in India, Araghchi Araghchi said Iran had twice been subjected within less than a year to “illegal aggression”.

The post There is no military solution to disputes with Tehran, Araghchi says first appeared on The South Caucasus News – SouthCaucasusNews.com.

The post There is no military solution to disputes with Tehran, Araghchi says first appeared on The World Web Times – worldwebtimes.com.


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🇩🇰 Danish police have dispersed an illegal blockade of the Maersk headquarters set up by pro-Hamas and anti-Israel radicals in Copenhagen.


The post 🇩🇰 Danish police have dispersed an illegal blockade of the Maersk headquarters set up by pro-Hamas and anti-Israel radicals in Copenhagen. first appeared on October Surprise 2016 – octobersurprise2016.org.

The post 🇩🇰 Danish police have dispersed an illegal blockade of the Maersk headquarters set up by pro-Hamas and anti-Israel radicals in Copenhagen. first appeared on The World Web Times – worldwebtimes.com.


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geopolitical analysis of the China summit 2026


geopolitical analysis of the China summit 2026 – Google Search  google.com/search?q=geopolit… — Michael Novakhov (@mikenov) May 14, 2026

The post geopolitical analysis of the China summit 2026 – Google Search https://www.google.com/search?q=geopolitical+analysis+of+the+China+summit+2026&newwindow=1&rlz=1C1ONGR_enUS1133US1133&sca_esv=2cda64e270637280&aep=1&cs=0&hl=en-US&prmd=ivns&sxsrf=ANbL-n6cd3Z0bqN_E4yVbpu1e-O3g4hflA:1778767519082&source=lnms&fbs=ADc_l-aN0CWEZBOHjofHoaMMDiKp0UJuhqwKhR0QUhF54-6jIX2xhuqmjuyJb8bmeAomNlFMB8Bu7AGJj-3abmVQJgPJISKM9tMepJA6iGWh6NouCuyaOSH6NqDs4uGrgVN1kqfqfURcS46klTugaa1X869mmnl3vvEjmik0d7ETOgIYQuj4ntQSD6tahH3y6UGwrpnWfKdprNLBpqp2DzvF6DdpDFlGKA&sa=X&ved=2ahUKEwiIqvOw-biUAxWXkYkEHR0fC3oQ0pQJegQIBhAI&biw=1536&bih=695&dpr=1.25 first appeared on The News And Times Review – NewsAndTimes.org.


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Ex-Economy Minister Levan Davitashvili Appointed CEO of Socar-Owned Italiana Petroli


Georgia’s former economy minister, Levan Davitashvili, has been appointed CEO of Italiana Petroli (IP), an Italian petroleum and energy firm, following its acquisition by the State Oil Company of the Azerbaijan Republic (SOCAR), which announced the appointment after completing the purchase of 99.82% of IP’s share capital.

In a May 13 press release, IP said Davitashvili will lead its operations in Italy, “with the focus of ensuring operational continuity, preserving and further strengthening its position in the national energy market, and overseeing the company`s integration within the broader SOCAR Group.”

The company said that Davitashvili is “proficient in the Italian language” and “brings over 25 years of experience across senior public and private sector leadership positions.” It noted that during his tenure as Georgia’s economy minister, he “led the country’s economic strategy and supported the implementation of major infrastructure initiatives.”

The press release added that Davitashvili also guided Georgia’s “involvement in the Green Energy Corridor initiative, connecting the South Caucasus to European Union member states” and “since November 2025, he has served as Advisor to the President of SOCAR.”

Levan Davitashvili served as Georgia’s economy minister and deputy prime minister from 2022 until June 2025, when he was replaced by current minister Mariam Kvrivishvili. Following his departure, Davitashvili was appointed chief economic adviser to Georgian Dream Prime Minister Irakli Kobakhidze and secretary of the Economic Council, a coordinating body.

He has also chaired the board of Black Sea Petroleum, the company that operates the Kulevi Oil Terminal on Georgia’s Black Sea coast. In recent months, the terminal came under scrutiny over its alleged role in facilitating Russian oil exports and was initially considered for inclusion in the European Union’s 20th sanctions package against Russia. The EU ultimately decided not to include the port in the sanctions package, citing “positive commitments” by Georgian authorities and the terminal’s operator SOCAR.

In February 2026, Davitashvili was questioned by the Anti-Corruption Agency of the State Security Service of Georgia (SSSG) for what authorities later described as “part of an ongoing investigation into a contract signed with one of the major oil companies.” Davitashvili said “discussions” concerned, among others, possible risks related to Georgia facilitating gas supplies to Europe. The agency later corrected him, clarifying that he had been at a questioning, not a discussion, and that the questions focused on risks related to Georgia’s own gas supplies and contract terms affecting the country, not the EU’s gas supplies.

Also Read:

The post Ex-Economy Minister Levan Davitashvili Appointed CEO of Socar-Owned Italiana Petroli first appeared on The South Caucasus News – SouthCaucasusNews.com.


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There is no military solution to disputes with Tehran, Araghchi says


Speaking at the “BRICS 2026” foreign ministers’ meeting in India, Araghchi Araghchi said Iran had twice been subjected within less than a year to “illegal aggression”.

The post There is no military solution to disputes with Tehran, Araghchi says first appeared on The South Caucasus News – SouthCaucasusNews.com.


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🇩🇰 Danish police have dispersed an illegal blockade of the Maersk headquarters set up by pro-Hamas and anti-Israel radicals in Copenhagen.


The post 🇩🇰 Danish police have dispersed an illegal blockade of the Maersk headquarters set up by pro-Hamas and anti-Israel radicals in Copenhagen. first appeared on October Surprise 2016 – octobersurprise2016.org.


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Georgian Dream parliamentary leader: ‘We have no place in such EU’


Georgian Dream on EU membership

Georgian Dream on EU membership

Shalva Papuashvili, speaker of parliament and a member of the ruling Georgian Dream, said that “Soviet Moscow is gradually being replaced by Brussels”.

His comments came after the European Parliament barred pro-government broadcaster Imedi TV from working inside the parliament for one year.

Papuashvili described the decision as a “hostile act” against the Georgian people and said it was “an attempt to suppress freedom of speech”.

“This is yet another reason for us to reflect on what the European Union has become today. At this point, it is essentially Rasa Jukneviciene and people like her. That is where the EU has ended up,” Shalva Papuashvili said.

According to Papuashvili, “Georgia has no place in an EU like this”, and the bloc should return to its “original values”.

The speaker added that until the EU “gets rid of such people”, Georgia would not be convinced that European integration could benefit the country.

Papuashvili also compared the EU to the Soviet Union, saying Brussels was its “reincarnation” and that “they even have the same aesthetics”.

On 13 May 2026, Imedi TV said it had received an official letter from the European Parliament banning the channel from working inside the parliament for one year. According to the broadcaster, the decision followed a report aired on one of its programmes.

Imedi also said that Moldova had denied accreditation to Imedi TV, Rustavi 2 and PosTV for a meeting of the Council of Europe’s Committee of Ministers, which will also be attended by representatives of Georgia’s foreign ministry.

The post Georgian Dream parliamentary leader: ‘We have no place in such EU’ first appeared on The South Caucasus News – SouthCaucasusNews.com.


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Armenia‘s election will test its leader’s pivot to the West



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geopolitical analysis of the China summit 2026 – Google Search https://www.google.com/search?q=geopolitical+analysis+of+the+China+summit+2026&newwindow=1&rlz=1C1ONGR_enUS1133US1133&sca_esv=2cda64e270637280&aep=1&cs=0&hl=en-US&prmd=ivns&sxsrf=ANbL-n6cd3Z0bqN_E4yVbpu1e-O3g4hflA:1778767519082&source=lnms&fbs=ADc_l-aN0CWEZBOHjofHoaMMDiKp0UJuhqwKhR0QUhF54-6jIX2xhuqmjuyJb8bmeAomNlFMB8Bu7AGJj-3abmVQJgPJISKM9tMepJA6iGWh6NouCuyaOSH6NqDs4uGrgVN1kqfqfURcS46klTugaa1X869mmnl3vvEjmik0d7ETOgIYQuj4ntQSD6tahH3y6UGwrpnWfKdprNLBpqp2DzvF6DdpDFlGKA&sa=X&ved=2ahUKEwiIqvOw-biUAxWXkYkEHR0fC3oQ0pQJegQIBhAI&biw=1536&bih=695&dpr=1.25