While awarding the politics of oil a subsidiary role, the aim of this article is to assess the consequences of Georgia's security cooperation with the United States and thereby it seeks to ansvver the question: what long-term issues and risks are connected to the US-Georgian security cooperation? These do not solely emanate from the traditional physical threats of military affairs, political instability and unsettled disputes över hydrocarbon assets. An increased engagement also brings about risks related to how regional actors perceive the cooperation. By this cognitive aspect, the traditional security risks become stronger and more dangerous.