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Gas sale auction announced in Georgia

Business Materials 9 August 2013 13:40 (UTC +04:00)
Georgian oil and Gas Corporation announced an auction for the sale of gas.

Georgia, Tbilisi, August 9 / Trend N. Kirtzkhalia /

Georgian oil and Gas Corporation announced an auction for the sale of gas.

Potential buyers are offered two million cubic meters of gas from the Ninotsminda field in Eastern Georgia. The gas supply will be carried out from the main facility at Ninotsminda, from a distribution point in the village of Patardzeuli, the Georgian oil and Gas Corporation told Trend on Friday.

The auction will be held with the starting price of $275 per 1000 cubic meters, ex VAT.

Those interested in participating at the auction must pay 50 lari ($1=1.65 lari) to the bank account of the corporation for a ticket to the auction.

The auction will take place at 17.00 pm on August 14 at the office of the Georgian Oil and Gas Corporation.

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