Georgia Expects Petrol Price to Drop by 5 Tetri

Business Materials 8 February 2008 16:53 (UTC +04:00)

Georgia, Tbilisi, 8 February / Тrend corr N. Kirtskhalia / Vano Mtvralashvili, the chair of the Georgian Union of the Oil Manufacturers, Importers and Consumers, said that the fuel prices are expected to drop in the world market. According to Mtvralashvili, price for 1 ton of petrol dropped by $80-$100.

The price of the diesel fuel also dropped by $40-$50.

According to Mtvralashvili, the drop will also affect the Georgian market and the petrol prices will decrease by about 5 tetri ($3).