TODAY.AZ / Business

SOCAR's daughter enterprise expanding net of petrol stations in Georgia

23 July 2008 [12:07] - TODAY.AZ
SOCAR Energy Georgia, daughter enterprise of the State Oil Company of Azerbaijan is implementing long-term plans of opening of SOCAR brand petrol stations in Georgia.


According to head of SOCAR Energy Georgia Mair Mamedov, the company currently owns 9 SOCAR brand petrol stations in Georgia, which are popular among consumers.

The net will use oil products from Baku by 80% and only high-octane gasoline can be imported from other countries. It will allow raising SOCAR's share on the Georgian market of oil products.

Today, the company occupies 50% of the retail gasoline market in Georgia and 70% of AI-92 gasoline market. SOCAR supplies Georgia with 20,000 tons of oil products a month in average, while gasoline makes 15,000 tons.

/Neftegaz.ru/
URL: http://www.today.az/news/business/46585.html

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