...

Georgia Hopes that Azerbaijan Will Resume Gasoline Supplies Soon

Oil&Gas Materials 30 January 2007 20:34 (UTC +04:00)

Georgia hopes that Azerbaijan will resume supplying the country with gasoline starting from the middle of February, 2007, Trend Correspondent to Tbilisi reports. As Vano Mtvralashvili, the Chairman of the Oil Products Producers, Importers, and Consumers Union, informed journalists that Georgia has not been provided with the Azerbaijani petrol this year yet. Azerbaijan suspended its supply to Georgia with the gasoline at the end of December, 2006 due to Azerbaijan turning to mazut and that Baku-based oil refinery plants refine a significant quantity of oil to mazut to generate electric power. The Georgian market is currently being provided with petrol delivered from Europe. The European petrol is on 0,10 - 0,15 Lari more expensive than the Azerbaijani one. The present price of 1 liter of the European gasoline is 1,25-1,30 Lari. According to the Georgian Customs department, in 2006, the Azerbaijan petrol occupied 50-55% out of the whole Georgian petrol market.

Latest

Latest