Georgi Tatishvili, the director of the Oil and Gas Agency of the Georgian Energy Ministry, said that Frontera, a U.S. company, stopped gas extraction at Iormuganlo (Kakheti Region, East Georgia) for unknown reasons, Trend reports.Extraction in the area started last week. Frontera said that the source had 42 billion cubic meters of gas reserves. Tatishvili noted that the U.S. company violated the rules of annual reports and received a warning. The terms for composition of a report on geological reserves was extended by 30 days.
Georgi Tatishvili, the director of the Oil and Gas Agency of the Georgian Energy Ministry, said that Frontera, a U.S. company, stopped gas extraction at Iormuganlo (Kakheti Region, East Georgia) for unknown reasons, Trend reports.
Extraction in the area started last week. Frontera said that the source had 42 billion cubic meters of gas reserves. Tatishvili noted that the U.S. company violated the rules of annual reports and received a warning. The terms for composition of a report on geological reserves was extended by 30 days.