International Energy Corporation will Purchase Gas from GOGC

28 February, 2014
Ltd International Energy Corporation will purchase total amount of 2 000 000 cubic meters of available natural gas from JSC Georgian Oil and Gas Corporation (GOGC).

Only one company- Ltd International Energy Corporation expressed interest to participate in the auction announced by GOGC and they purchased 1000 cubic meters of natural gas for USD 310.

The auction sale was conducted for 1 000 cubic meters of gas with respect to introductory price of USD 305 (without VAT) presented by the Corporation, with the further increase of USD 5 trade step.

GOGC announced auction for the sale of available natural gas on February 20, 2014.