International Energy Corporation Will Purchase Gas From Georgian Oil And Gas Corporation

12 September, 2012
International Energy Corporation will purchase natural gas extracted from Ninotsminda gas field from JSC Georgian Oil and Gas Corporation.

The company will purchase the total amount of 2 000 000 cubic meters of available natural gas for 265 USD per 1000 cubic meters.

The auction sale was conducted for 1 000 cubic meters of gas with respect to introductory price of 260 USD presented by the Corporation, with the further increase of 5 (five) USD trade step.

JSC Georgian Oil And Gas Corporation announced the tender for the sale of available gas obtained from Ninotsminda gas field on 6 September.