Global Oil Company Increases Oil Production in Georgia

Oil&Gas Materials 19 September 2008 14:16 (UTC +04:00)

Georgia, Tbilisi, 19 September / Trend corr. N.Kirtskhalia /The Indian Global Oil Operating Company Georgia Limited increased an oil production in Georgia. In early 2008, company produced approximately 90tons oil per month, the index reached 152 tons in June and 190 tons in July.

In June-July 2008, the oil production by the Kanargo comprised approximately 3,500 tons, Oil and Gas Corporation of Georgia -3,760tons and Fronteri - 470tons.

Accordingly, totally approximately 8,000 tons oil was produced in Georgia from June to July.