Georgian Oil and Gas Corporation announced an auction for the sale of gas
02 June, 2014
JSC Georgian Oil and Gas Corporation (GOGC) has announced an auction for the sale of natural gas obtained from Ninotsminda gas field and Krtsanisi №39 well. GOGC invites all the interested entities to participate in the auction.
GOGC offers prospective purchaser available gas obtained from Ninotsminda gas field in the total amount of 2 000 000 cubic meters.
The gas will be supplied to the meter station in Patardzeuli village. Auction sale will be conducted for 1 000 cubic meters of gas with respect to introductory price of 310 USD (without VAT) presented by the Corporation, with the further increase of 5 (five) USD trade step.
The participating auction bidder who offers the highest bid for purchasing 1 000 cubic meters of natural gas will be nominated as the auction winner.
As for the sale of available asociated gas obtained during one year period from Krtsanisi #39 well located on XIB licence block, the auction will be conducted for 1 000 cubic meters of gas with respect to introductory price of 275 USD (without VAT) presented by the Corporation, with the further increase of 5 (five) USD trade step.
Both auctions will be held on 9 June 2014, in the administrative building of GOGC.
GOGC offers prospective purchaser available gas obtained from Ninotsminda gas field in the total amount of 2 000 000 cubic meters.
The gas will be supplied to the meter station in Patardzeuli village. Auction sale will be conducted for 1 000 cubic meters of gas with respect to introductory price of 310 USD (without VAT) presented by the Corporation, with the further increase of 5 (five) USD trade step.
The participating auction bidder who offers the highest bid for purchasing 1 000 cubic meters of natural gas will be nominated as the auction winner.
As for the sale of available asociated gas obtained during one year period from Krtsanisi #39 well located on XIB licence block, the auction will be conducted for 1 000 cubic meters of gas with respect to introductory price of 275 USD (without VAT) presented by the Corporation, with the further increase of 5 (five) USD trade step.
Both auctions will be held on 9 June 2014, in the administrative building of GOGC.