GOGC announced an auction for the sale of 2 million cubic meters of gas
15 May, 2015
JSC Georgian Oil and Gas Corporation (GOGC) has announced an auction for the sale of 2 million cubic meters of natural gas obtained from Ninotsminda gas field and invites all the interested entities to participate in the auction.
Tthe auction will be conducted for 1 000 cubic meters of gas with respect to introductory price of 310 USD (without VAT) presented by GOGC, 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.
All interested bidders, not later than May 21, 2015 at 16:00 shall submit to the Corporation application stipulating acceptance of auction terms and willingness to participate. The auction will be held on 21 May, 2015 at 17:00 pm in the administrative building of GOGC.
Tthe auction will be conducted for 1 000 cubic meters of gas with respect to introductory price of 310 USD (without VAT) presented by GOGC, 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.
All interested bidders, not later than May 21, 2015 at 16:00 shall submit to the Corporation application stipulating acceptance of auction terms and willingness to participate. The auction will be held on 21 May, 2015 at 17:00 pm in the administrative building of GOGC.