GOGC sells 4700 tons of oil
22 June, 2015
JSC "Georgian Oil and Gas Corporation" has announced an auction for sale of Georgian Light and Georgian Heavy Crude Oil.
Total amount of oil to be sold equals to 4770 tons. The auction consists of two lots: 420 tons of Georgian Heavy Crude Oil will be sold as Lot 1, delivered under EXW (INCOTERMS 2010) terms in village Supsa, Lanchkhuti region. 4350 tons of Georgian Light and Georgian Heavy will be sold as Lot 2, delivered under EXW (INCOTERMS 2010) terms in village Sartichala and village Gamarjveba, Gardabani region.
All interested candidates are welcome to participate in the Auction.
In case of both lots, the auction will proceed by reducing the discount USD 6.7 (six point seven) per each barrel of oil by USD 0.2 (zero point two) decrement per each new bid.
All interested Bidders shall submit to the Corporation application stipulating acceptance of the terms and conditions of the specific lot of the auction and willingness to participate not later than June 26, 2015.
Total amount of oil to be sold equals to 4770 tons. The auction consists of two lots: 420 tons of Georgian Heavy Crude Oil will be sold as Lot 1, delivered under EXW (INCOTERMS 2010) terms in village Supsa, Lanchkhuti region. 4350 tons of Georgian Light and Georgian Heavy will be sold as Lot 2, delivered under EXW (INCOTERMS 2010) terms in village Sartichala and village Gamarjveba, Gardabani region.
All interested candidates are welcome to participate in the Auction.
In case of both lots, the auction will proceed by reducing the discount USD 6.7 (six point seven) per each barrel of oil by USD 0.2 (zero point two) decrement per each new bid.
All interested Bidders shall submit to the Corporation application stipulating acceptance of the terms and conditions of the specific lot of the auction and willingness to participate not later than June 26, 2015.