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Tender for the Construction of Storage to be Announced in 3 months

The tender for Storage engineering and construction works will be announced in 3 months, supposedly. According to the Deputy Minister of Ministry of Energy, Mariam Valishvili, a foreign consultant is hired to prepare a tender plan.

“We united engineering stage which is the first and very important phase along with choosing a construction company. We have a technical consultant, who said that it is necessary to conduct additional researches for geological structure along with technical-economic confirmation to calculate exact parameters for engineering works”- declared Valishvili.

Concerning the budget for the construction of storage, the decision has not been made yet. It is possible that Gas and Fuel Corporation will take a loan from financial institutions or from an investor and SOCAR is one of the choices.  

SOCAR is considered as an investor. The interest has been expressed but we have not discussed anything yet- noted Valishvili.

The construction of storage is planned close to Samgori and it will have a capacity to preserve 300 cubic meters of gas.