Oil, Georgia

Construction of a 4 million ton refinery to begin in Georgia in 2021

Construction of the first oil refinery in Georgia next to SOCAR oil terminal operating in Kulevi should begin in 2021 and be completed in three years, the Interfax reports, citing executive directo

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It is planned to start construction of oil refinery in Georgia in 2021

Fasis Oil company and the international consulting company Deloitte&Touche are working on a project of an oil refinery, which is scheduled to be built on the Black Sea coast - in the village of

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Georgia and Azerbaijan agree on oil transit from Turkmenistan

Georgia and Azerbaijan have come to an agreement on a tariff for oil transit from Turkmenistan. This is reported on the website of the Georgian Railways.

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Georgia announces an international tender for oil and gas production on the Black Sea shelf

The state oil and gas agency of Georgia has announced an open international tender for a general license for the use of oil and gas resources on the Black Sea shelf.

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In Q1, oil transportation through Baku-Tbilisi-Ceyhan pipeline fell by 1.3%

In the first quarter of 2019, volume of oil pumping through the Baku-Tbilisi-Ceyhan oil pipeline amounted to 8 150.2 thousand tons, which is by 1.3% less than in the same period in 2018, the State

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Oil transit through pipelines of Georgia increased by 0.5% in 2018

In 2018, transit of oil to the world market through pipelines through the territory of Georgia amounted to 283 million barrels, which is by 0.5% more than in 2017, Georgian Oil and Gas Corporation

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SOCAR intends to increase gas supplies to Georgia by almost 30%

In 2018, SOCAR Georgia Gas, a subsidiary of SOCAR, plans to supply 1.8 billion cubic meters of gas to Georgia, which is by 28.57% more than in 2017.

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In 2018, SOCAR Georgia Gas to increase gas supplies to Georgia by 29%

SOCAR Georgia Gas (SGG, subsidiary of SOCAR Energy Georgia) has planned to deliver 1.8 billion cubic meters of gas to Georgia in 2018, which is by 28.6% more than in 2017, this follows

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Oil transportation via BTC in January-July increased by 0.5%

In January-July 2018 the volume of oil pumping through the Baku-Tbilisi-Ceyhan (BTC) pipeline amounted to 19 million 479 thousand tons, which is 0.5% higher than the same period in 2017, the State

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