NEWS FEED
Zoom
10:21 21 September
10:13 21 September
10:09 21 September
18:13 20 September
10:22 20 September
10:19 20 September
10:18 20 September
10:17 20 September
TOP 5

SOCAR to attend tender for construction of underground gas storage facility in Georgia


The Georgian Oil and Gas Corporation (GOGC) has announced a tender for the construction of the first underground gas storage facility on the territory of Samgori South Dome oil field, APA reported citing Business Georgia.

 

Earlier, Mahir Mammadov, head of SOCAR Georgia said that Azerbaijan will join the tender for the construction of an underground gas storage facility in Georgia.

 

The first stage of the tender provides for the prequalification process, within which GOGC will select a group of contractors with relevant experience and financial capabilities. Companies that passed into the second stage have to submit commercial proposals in accordance with the terms of reference.  

 

According to GOGC, the construction of an underground gas storage facility will be commenced in the first half of 2018. At the first stage of the construction, two appraisal wells will be drilled, and the technical parameters of the storage will be specified after obtaining additional geological information.

 

 

 

Related news releases

VİDEO NEWS

PHOTO NEWS

  • Shah Deniz-2 is making good progress towards full completion...
  • Vice President: Favorable oil price for SOCAR is $60-65, but...
+2
EXCHANGE RATE
FOREX
/ 21 September, 2017

USD
1.7007
 
EUR
2.0209
 
RR
0.0292