Extol Trading Limited will Purchase Oil from GOGC

21 February, 2014
Extol Trading Limited will purchase up to 23000 tons of crude oil from JSC Georgian Oil and Gas Corporation (GOGC).

Two companies Vitol SA and Extol Trading Limited expressed interest to participate in the auction on the sale of crude oil.

Extol Trading Limited was announced the winner as the company offered the discount of USD 8,9 for per barrel of oil.

GOGC announced the auction for the sale of 23 000 tons of crude oil on January 20, 2014.