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AGRI To Select Feasibility Study Consultant By Yearend

The consultant developing the feasibility study for gas route AGRI (Azerbaijan-Georgia-Romania Interconnector) will be selected in an auction held by the end of this year, according to Romanian natural gas producer Romgaz, which is a shareholder in the project company.

Andrei Cîrchelan · 5 decembrie 2011 · 1 min de citit

“Through this auction, AGRI plans to appoint a consultancy company that would issue scenarios on the implementation of the project, from a technical and economic standpoint,” Romgaz said Monday in a news release.

AGRI LNG Project Company shareholders also include Georgian Oil and Gas Corporation (GOGC), State Oil Company of Azerbaijan Republic (SOCAR) and Magyar Villamos Muvek (MVM).

The feasibility study should be complete in April 2012 and it will be funded with the money obtained from a share capital increase in the project company. The operation is set for the first quarter of 2012.

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