The Georgian Oil And Gas Corporation Announces Auction On Sale Of Gas

25 June, 2011
The Georgian Oil And Gas Corporation Have Announced An Auction On Sale Of Gas.
The Corporation offers to prospective purchaser the available gas obtained from Ninotsminda gas field in the total amount of 1 000 000 cubic meters. The gas shall be supplied to Ninotsminda head facility, from the metering station in Patardzeuli village.

The auction sale shall be conducted for 1 000 cubic meters of gas with respect to introductory price of 235 USD presented by the Corporation, with the further increase of 5 (five) USD trade step.

The auction shall be held on 28 June of 2011, at 16:00 in the administrative building of the Georgian Oil and Gas Corporation.