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Georgian Oil and Gas Corporation announces auction

Oil&Gas Materials 18 February 2014 20:27 (UTC +04:00)

Tbilisi, Georgia, Feb. 18

By Nana Kirtzkhalia - Trend:

Georgian Oil and Gas Corporation has announced an auction for the sale of two million cubic meters of gas and invites all interested persons to participate.

The corporation said on Tuesday that the auction will start with an initial price of $305 per thousand cubic meters of gas, increasing by $5 at the next step.

Those wishing to participate in the auction must transfer 50 laris to the corporation's bank account in order to buy a ticket to participate in the auction.

The auction will take place on February 27 at 17:00, at the administrative building of the corporation.

Translated by E.A.

Edited by C.N.

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