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Gulf International enters Georgian market

Oil&Gas Materials 13 April 2011 15:59 (UTC +04:00)
Gulf Georgia, a Gulf International American affiliate, has announced its entrance into Georgia.
Gulf International enters Georgian market

Georgia, Tbilisi, April 13 / Trend N.Kirtzkhalia /

Gulf Georgia, a Gulf International American affiliate, has announced its entrance into Georgia.

The company intends to introduce high-quality oil products on the Caucasus market with the new company's help, as well as to start their wholesale and retail realization.

"When the price for one barrel of oil at over $100, the oil market faced new challenges that must be responded to and the process should be managed by powerful companies. Gulf Georgia has developed special discounts for corporate and loyal clients," Gulf Georgia Executive Director Adam Yaniv told journalists.

Gulf Georgia has already acquired a number of petrol stations from the Senta, Magnat and OPDC companies and performed their rebranding.

The company plans to operate 110 gas stations in Georgia and will increase their number to 150 within the next three years.
To date, the largest network of gas stations in Georgia is owned by Vissol and SOCAR.

The company's activity will be continuously supervised by the head office in London.

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