GOGC announced an auction for the sale of gas

10 November, 2014
JSC Georgian Oil and Gas Corporation (GOGC) has announced an auction for the sale of natural gas obtained from Ninotsminda gas field.

GOGC offers prospective purchaser available associated 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 305 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.

The auction will be held on 17 November, 2014 at 16:00 pm in the administrative building of GOGC.