YEREVAN, Armenia, July 15 (UPI) -- There are no immediate concerns from Armenia about talks of privatizing a Georgian natural gas pipeline from Russia, the Armenian energy minister said.

The government in Tbilisi announced a measure last week that could eventually privatize the so-called North-South pipeline that moves Russian natural gas through its country to Armenian markets.

The Armenian government worried that the state energy company of its foes in Azerbaijan could move on the pipeline, which could result in gas pressure on Armenia.

Armen Movsisian, the Armenia energy minister, said he was confident that Georgia wouldn't move in a direction that would threaten the energy security of his country, the Armenian bureau of Radio Free Europe/Radio Liberty reports.

"We have no concerns at the moment," he said. "Even if the pipeline is put up for sale, that will not create any emergency situations for our country."

Opposition groups in Tbilisi say the sale could give Russian more control over the regional energy market. Georgian Prime Minister Nika Gilauri, however, brushed off concerns, saying his country would remain the principal owner of the pipeline.