Georgia, Processing

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

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Georgia to continue to buy fuel from Azerbaijan. Euro 5 to be postponed for a year

Union of Petroleum Product Importers of Georgia has asked the Government to postpone switching to Euro-5 for a year, so that Azerbaijan will continue to be present on the Georgian market.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

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

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Import of petroleum products to Georgia increased

In 2019, deliveries of petroleum products to Georgia increased by 5.7% compared to the previous year to 1.41 million tons, international independent pricing agency Argus informs.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

In October 2019, 100% of Georgia's aviation fuel imports came from Turkmenistan

Deliveries of aviation fuel from Turkmenistan account for the entire volume of imports of this type of petroleum products by Georgia.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

SOCAR denies plans to build refinery in Georgia

SOCAR has no plans to build a refinery in Georgia¸general director of SOCAR Energy Georgia Mahir Mammadov reports.
According to him, there is no agreement with the Georgian Government on the issue. "At least, at this stage SOCAR has no plans to build a refinery in Georgia," - Mammadov said.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Georgia again needs the help of Azerbaijan

Georgia is still interested in the construction of the oil refinery plant at the Poti port, deputy Minister of Energy of Georgia, M. Valishvili said. According to her, the construction of the oil refinery plant is among the priority goals of Georgia. In October 2014 the Government of Georgia announced a tender in connection with the project of development of the oil refinery plant at the Poti port. 3 companies participated in the tender: New Artway Ltd, Lohrmann International and OTC Consortium. In July 2015 the tender was completed, however, all its participants were disqualified as they hadn’t submitted full documentation stipulated in the conditions of the tender.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Whole gasoline, consumed in Georgia, is made in Europe

All of the gasoline, consumed in Georgia, is made in Europe, the Union of Oil Products Importers of Georgia reported.
According to the information, oil products from Europe take a significant share of fuel, imported to Georgia. According to the statistics, in the first six months of 2014, the largest import of gasoline and diesel fuel came from Romania - 138.1 thousand tons that is 35.9% of the total import.
It is followed by Azerbaijan - 92.5 thousand tons (24% of the total imports), Bulgaria - 63.6 thousand tons (16.5%), Russia - 35.7 thousand tons (diesel only) that is 9.3% of the total imports, Turkey - 13.1 thousand tons (diesel only) that is 3.4% of the total import.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
Telephone: +7 927 303 00 25

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer