SOCAR Energy Georgia to build new office in autumn

Oil&Gas Materials 22 July 2011 13:56 (UTC +04:00)

Azerbaijan, Baku, July 22 / Trend E. Ismayilov /

In October, SOCAR Energy Georgia, representing SOCAR's interests in Georgia, plans completion of construction of a new office in Georgia, a source in SOCAR Energy Georgia told Trend.

"By October, the construction operations may be completed", a source said.

SOCAR Georgia will be located in a building on the acquired land area of more than 4,000 square meters. The company paid nearly $3 million.

SOCAR Energy Georgia is engaged in distributing and marketing within the oil market in Georgia. The company sells oil products and gas in the Georgian market, with a network of filling stations.

SOCAR Energy Georgia's co-founders are: SOCAR - 51 percent, Petro-Trans FZCO - 24.5 percent, and Ivan Chkhartishvili - 24.5 percent.