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Georgia sells gas to International Energy Corporation

Oil&Gas Materials 2 September 2011 19:16
A batch of natural gas, put for tender by the Georgian Oil and Gas Corporation, will be acquired by the International Energy Cooperation, the Oil and Gas Corporation said.

Georgia, Tbilisi, Sept.2 / Trend, N.Kirtskhalia /

A batch of natural gas, put for tender by the Georgian Oil and Gas Corporation, will be acquired by the International Energy Cooperation, the Oil and Gas Corporation said.

An auction was held at the Oil and Gas Corporation on Sept.1, as a result of which the International Energy Cooperation was announced as a winner.

The winner will acquire two million cubic meters of gas for $245 per 1,000 cubic meters.

The auction was announced on Aug.26, 2011.

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