Georgian International Energy Corporation to buy gas from Ninotsminda field

Oil&Gas 11 May 2012 18:36 (UTC+04:00)
Georgian International Energy Corporation to buy gas from Ninotsminda field

Georgia, Tbilisi, May 11 / Trend N. Kirtzkhalia /

The Georgian Oil and Gas Corporation sold available gas extracted from the Ninotsminda field (Kakheti, eastern Georgia) at auction.

According to the Georgian Oil and Gas Corporation, 2 million cubic meters of gas was purchased by the Georgian International Energy Corporation at a price of $255 per 1,000 cubic meters at the auction on Friday.

Two companies - International Energy Corporation and Agaas attended the auction.

The initial price was $ 245. The greatest amount - $255 was offered by the International Energy Corporation.

The auction was announced on May 8.

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