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SHORTLY ABOUT SOCAR GEORGIA PETROLEUM

SOCAR Georgia Petroleum, Ltd is the largest importer of petrol and diesel in Georgia. It imports up to 35,000 tons of oil products from Azerbaijan each month. The company is expanding rapidly by increasing its network of petrol stations around the country. SGP's strategic development plan includes construction of petroleum storage depots using modern technologies and develop its network of petrol stations up to 120.                                read more

Company Overview
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SOCAR Georgia Petroleum, Ltd was established by SOCAR Energy Georgia, Ltd - the daughter company of the State Oil Company of Azerbaijan Republic - SOCAR through the 100% share participation. SOCAR Georgia Petroleum, Ltd entered the market of oil products of Georgia in September 2006.

Monthly turnover of SOCAR Georgia Petroleum, Ltd amounts to several million USD. Based on the data of 2015, the company has imported 333,318.085 tons of oil products. In 2006-2015 the company imported 3 335 698 tons of oil products. SOCAR Georgia Petroleum, Ltd is a fast growing company staffed with highly qualified employees.

The network of petrol stations of SOCAR Georgia Petroleum, Ltd has been expanding increasingly both in Tbilisi and all regions of Georgia where the local consumer will get high quality ecologically clean fuel. The first petrol station of the company was opened on April 25.2008.
At the moment on the territory of Georgia 114 stations (105 Petrol stations (20 combined CNG and Petrol), 8 CNG and 1 LPG) are operating where all the conditions are created for providing high level services to the consumer. It is planned to increase this number to 120 by the end of 2015. The company also has 20 service centers for efficient provision of card and coupon services in Tbilisi and regions: Tbilisi (Vazha Pshavela str.), Tbilisi-Central, Tbilisi-Goodwill, Gldani, Vake, Varketili, Saburtalo, Vazisubani, Batumi, Gonio, Kutaisi, Poti, Telavi, Marneuli, Zugdidi, Ozurgeti, Gori, Urbnisi, Rustavi, Kutaisi 2, Khashuri. Currently more than 1500 employees are employed at the company. Their number will increase in future.

According to the data of 2006, SOCAR Georgia Petroleum, Ltd paid 4 384 516.17 GEL to the Georgian budget, in 2007 SOCAR Georgia Petroleum, Ltd paid 89 336 173.88 GEL to the Georgian budget whereas in 2008 the amount equaled 173 165 975.92 GEL. With this indicator the company won in the nomination "The Largest Taxpayer of the Year". The amount paid to the state budget of Georgia in 2009 amounted to 161 193 002.93 GEL. With this index the company not only became the largest tax payer in the energy sphere but it also got the first place among other companies operating in Georgia. The company was also awarded as the largest investor, the company having the best infrastructure at petrol stations and the organization caring about the society. In 2010 SOCAR Georgia Petroleum, Ltd was named the winner in the nomination "The largest taxpayer to the state budget of Georgia", the amount paid by it equaled 149 736 750.01 GEL.

In 2011 SOCAR Georgia Petroleum, Ltd was also named the winner in the nomination "The largest taxpayer to the state budget of Georgia", the amount paid by it equaled 197 632 572.82 GEL. SOCAR Georgia Petroleum, Ltd as the largest investor of 2011 was also submitted for the nomination "The Oil Company Making the Largest Investment in 2011". To be more specific, investment of SOCAR Georgia Petroleum, Ltd in 2011 amounted to 53 423 462.00 GEL. Besides the share invested in the development of the network of petrol stations of SOCAR Georgia Petroleum, Ltd, the given investment was made in the implementation of two largest projects. The multi-functional complex «SOCAR-Goodwill Auto Lounge» located at the fast motorway Batumi-Tbilisi was opened by the President of Georgia and management of the company on November 28. Also, in 2011 the foundation was made for the construction of the joint complex of SOCAR and McDonald's in Batumi and Marneuli. During 7 years of successful operation at the market of oil products in Georgia, the investments of the company amounted to 183 920 263, 00 GEL.

In 2012 SOCAR Georgia Petroleum, Ltd was also named the winner in the nomination "The largest taxpayer to the state budget of Georgia", the amount paid by it equaled 260 015 970.82 GEL. SOCAR Georgia Petroleum, Ltd as the largest investor of 2012 was also submitted for the nomination "The Oil Company Making the Largest Investment in 2011".To be more specific, investment of SOCAR Georgia Petroleum, Ltd in 2011 amounted to 208 375 438.00 GEL. 

In 2013 SOCAR Georgia Petroleum, Ltd as the largest investor of 2013 was also submitted for the nomination "The largest company of Georgia of 2013".To be more specific, investment of SOCAR Georgia Petroleum, Ltd in 2013 amounted to 129 457 626.00 GEL.

The total amount paid by SOCAR Georgia Petroleum, Ltd to the state budget of Georgia in 2006-2013 equaled 1 123 824 431.00 GEL.

 


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300 Aragveli 24 Str. Tbilisi, Georgia
E-mail: info@sgp.ge
Tel: (+995 32) 2 43 92 75 / 2 43 97 77
Fax: (+995 32) 2 43 97 47
SOCAR in Georgia

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