Five companies have successfully undergone the first stage of the Tender for preparation of the Feasibility Study for Underground Gas Storage Project
20 April, 2015
The first stage of the international two-stage open tender announced by GOGC for preparation of the Feasibility Study for construction of Underground Gas Storage on Samgori South Dome field has been finalized.
As a result of evaluation of technical proposals, five companies have secured the minimum qualifying mark: GEOSTOCK SAS (France), RAMBOLL OIL & GAS A.S. (Denmark), PSE ENGINEERING GMBH (Germany), TRACTEBEL ENGINEERING S.A. (Belgium) and TECHNIP GERMANY GMBH (Germany).
These companies will be allowed to attend the opening of financial proposals (second stage) to be held on April 23, 2015.
16 companies submitted bidding proposals in the international tender announced by GOGC for preparation of the Feasibility Study for construction of Underground Gas Storage on Samgori South Dome field.
Preparation of the Feasibility Study will be completed by the end of 2015. Simultaneously, Georgian Oil and Gas Corporation will study the necessary conditions for funding the project. In this regard, discussions with commercial banks, international financial institutions and private companies are underway. Construction of the Gas Storage on Samgori South Dome field is planned to begin in 2016.
The results of the conducted analysis have shown that the Middle Eocene horizon of Samgori South Dome is the most optimal structure in terms of the gas storage construction. After completion of the gas storage construction it will be possible to store 230-250 million cubic meters of natural gas in it, which equals to more than 10% of annual consumption currently.
By construction of the Gas Storage, Georgia will obtain a facility of strategic importance which will increase the energy security of the country, ensure gas supply to the Georgian customers in critical situations in case of hindering gas supply and reduce the problems related to the seasonal misbalance between gas supply and consumption.
As a result of evaluation of technical proposals, five companies have secured the minimum qualifying mark: GEOSTOCK SAS (France), RAMBOLL OIL & GAS A.S. (Denmark), PSE ENGINEERING GMBH (Germany), TRACTEBEL ENGINEERING S.A. (Belgium) and TECHNIP GERMANY GMBH (Germany).
These companies will be allowed to attend the opening of financial proposals (second stage) to be held on April 23, 2015.
16 companies submitted bidding proposals in the international tender announced by GOGC for preparation of the Feasibility Study for construction of Underground Gas Storage on Samgori South Dome field.
Preparation of the Feasibility Study will be completed by the end of 2015. Simultaneously, Georgian Oil and Gas Corporation will study the necessary conditions for funding the project. In this regard, discussions with commercial banks, international financial institutions and private companies are underway. Construction of the Gas Storage on Samgori South Dome field is planned to begin in 2016.
The results of the conducted analysis have shown that the Middle Eocene horizon of Samgori South Dome is the most optimal structure in terms of the gas storage construction. After completion of the gas storage construction it will be possible to store 230-250 million cubic meters of natural gas in it, which equals to more than 10% of annual consumption currently.
By construction of the Gas Storage, Georgia will obtain a facility of strategic importance which will increase the energy security of the country, ensure gas supply to the Georgian customers in critical situations in case of hindering gas supply and reduce the problems related to the seasonal misbalance between gas supply and consumption.