Georgia, Tbilisi, Dec. 23 / Trend N. Kirtskhalia /
The Georgian Oil and Gas Corporation has announced a gas sale auction. The corporation is offering associated gas available at a daily volume of 1,500 cubic meters, which is mined during the year at the eleventh licensed area and accumulated in gas installations for potential buyers.
The initial price of 1,000 cubic meters is $220. The highest bid will win.
The bidding will take place at 4:00 p.m. on Dec. 24 at the corporation's administrative building.