Bank Of Baku

SOCAR to buy 2 mcm of gas from Georgian oil and gas corporations

SOCAR to buy 2 mcm of gas from Georgian oil and gas corporations
# 08 July 2014 14:02 (UTC +04:00)

Baku. Agshin Rafigoglu – APA-Economics. Daughter company of  the State Oil Company of Azerbaijan in Georgia SOCAR Georgia gas Distribution will buy 2 mcm of gas from Georgia’s oil and gas corporations.

 

Initial price of the gas was $300 for 1,000 cm excluding VAT. Thereafter, the price rose to $305 as a result of an auction.

 

The auction was held on July 7.

 

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