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Georgia tightens control over unaccounted fuel

Oil&Gas Materials 8 April 2020 21:05 (UTC +04:00)
Georgia tightens control over unaccounted fuel

BAKU, Azerbaijan, Apr.8

By Tamilla Mammadova – Trend:

Control of unaccounted fuel is tightening in Georgia, Trend reports with reference to Georgian media.

The Business Association of Georgia (BAG) approved the changes determined by the order No. 92 of the Ministry of Finance of Georgia dated April 6, 2020.

According to the Business Association, these changes will minimize the possibility of importing unaccounted fuel into Georgia by transit vehicles.

“This decision is one of the best examples of fruitful cooperation between business and the Ministry of Finance. We have always worked and continue to work with the Revenue Service of the Ministry of Finance in order to facilitate the subsequent recovery and development of the business. We are grateful to them for this decision,” said Soso Pkhakadze, president of BAG.

In January 2020, imports of petroleum products to Georgia decreased by 4.7 percent compared to the same period in 2019, and amounted to 74,700 tons.

Russia remains the largest fuel supplier for the indicated period. Among the suppliers are Romania, Azerbaijan, Turkmenistan, Turkey, Bulgaria, Greece and other countries.

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