GOGC Announces Repeat Auction for Sale of Used Pipes

GOGC has launched a repeat auction on the electronic platform of the National Agency of State Property to sell used pipes from its inventory.

The auction features 8 lots of pipes of various sizes, with a combined total value of up to 4 528 000 GEL.

The terms of the auction remain unchanged: the required bank guarantee is set at 10% of the starting price for each respective lot. The bidding step is fixed at 2% of the starting price.

Application submissions for prospective bidders are already open. The auction is scheduled to run from June 23 to July 22, 2026.

GOGC previously held an initial auction to divest these assets between May 8 and May 22, 2026. During that first phase, a winning bidder was declared for one of the lots, resulting in a signed purchase agreement valued at 696,302 GEL.

The pipes available for purchase are currently stored at GOGC’s warehouses in Lilo, Saguramo, and Lanchkhuti.