Georgia puts gas up for auction

The Georgian Oil and Gas Corporation is putting gas up for auction. Georgia is offering associated gas from borehole N39 on licensed territory XI for purchase on a year’s lease, Business Georgia reports.

Bidding will start from $220 per 1000 cubic meters of gas. The largest sum wins the auction, which will start in the administration building of the Oil and Gas Corporation on February 25 at 16.00.