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

Press Archive 2010
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jurnal_80   Georgia to tout oil refinery via international stocks   09.12.2010
The project of a new oil refinery construction in Georgia is supposed to be put at international stocks exchanges. The oil refinery is supposed to meet local market demand as well export the oil product.

jurnal_80   Georgian Fuel Price Journal   11.11.2010
Prices on fuel remain unchanged in Georgia as yet irrespective the past week's price-hike at international oil market fixing USD 86-66 per barrel-the highest price during the last two years starting in July of 2008 when the price reached USD 145-147 per barrel.

georgia_today   New fund comes to easy old headache   22.10.2010
Geoturan, a new Georgian-Azeri joint fund which seeks to foster cultural and economic relations between the two countries, was festively inaugurated in Tbilisi this week. The fund promises to engage public and scientific organizations in Georgia and abroad to further strengthen bilateral ties.

bussines_week_90   Azerbaijan-Georgia-Romania Interconnector Project Marks a New Page in Energy Cooperation   20.09.2010
On September 14 in Baku, the capital city of Azerbaijan , Georgian, Azerbaijani and Romania energy companies concluded an agreement on establishing a special joint energy corporation as part of the Azerbaijan-Georgia-Romania Interconnector (AGRI) project.
Under the project, the State Oil Company of Azerbaijan (SOCAR), the Georgian Oil and Gas Corporation (GOGC) and Romgaz will ensure transporting Azerbaijan natural-gas to Romania via Georgia.

messenger_90   Azerbaijan, Georgia and Kazakhstan increase oil transportation volumes    08.09.2010
Today around ten million tones of oil per annum is transported via the Azerbaijan-Georgia transit corridor. The participants have decided to increase the volume to up to 20 million tones a year.

financial_80   The most active Brands during 6 months   23.08.2010 
According to the media monitoring data presented by Marketing center "Terra Media" activity of Wissol and SOCAR during February-July 2010 is 73%. The average frequency of being mentioned is devided into the following way: Wissol-38%; SOCAR-35%. LuckOil has average ativity (13%) and Romepetrol-12%. 1,1% of the media activity have Eko Georgia and Senta.

bussines_week_90   Negotation are Underway with SOCAR on Construction of Five-Star Hotel in Batumi   26.07.2010
Levan Varshalomidze, chairman of the government of the Autonomous Republic of Achara, Georgia, says negotations are underway with the State Oil Company of Azerbaijan (socar) on construction of five-star hotel in Batumi.

bussines_week_90   SOCAR Georgia Petroleum Expands Network of Service Centrs for Corporate Consumers   28.06.2010
Along with the network of filing stations SOCAR Georgia Petroleum has enlarged the network of coroporate consumer service centrs too. At this stage, the company manages four similar centers in Georgia, namely, in Tbilisi, Poti, the Samegrelo Region and Batumi, the Autonomous Republic of Adjara.

bussines_week_90   SOCAR Georgia Petroleum to Expand Network of Filling Stations   21.06.2010
Havnig entered the Georgian oil products market in 2006, "SOCAR Georgia Petroleum" Ltd. Has acquired the reputation of the largest taxpayer of the State Budget in oil products sector. Constatly increasing number of filling stations reflects the vigorous growth of the company.

georgian_times_90   Kulevi Terminal Starts Kazakh Oil Transportation   24.05.2010
Kulevi terminal has transported Kazakh oil for the first time. The company is expected to handle nearly 2 million tones of Kazakh oil until 2011. The terminal's annualized transportation capacity will reach about 4 million tones", the terminal management says.

By the end of 2010, 68% of consumers of the electricity will use individual meters. Aleksandre Khetaguri, Minister of Energy of Georgia, announces of the sitting of the parliamentary Committee of Sectoral Economy and Economic Policy on April 22, 2010.

Approximately 6-8 billion cubic meters of Azeri gas is supposed to be transported by means of Liquefied Natural Gas (LNG) project to EU market via Georgia and Romania in four years. According to preliminary estimations project cost is EUR 4-6 billion.   2nd Page

jurnal_80   GIOGIE 2010 AT RADISSON BLUE IVERIA HOTEL 25.03.2010
The 9th Georgian International Oil, Gas, Energy and Infrastructure Conference and Showcase GIOGIE 2010 took place at Radisson Blue Iveria Hotel in Tbilisi, The conference opened on March 24, at 09 a.m.

messenger_90   BP increasing its Azeri investments   11.03.2010
On March 9th the Azeri Government endorsed the construction of a new platform for extracting oil which will be run by BP. President of SOCAR Rovnag Abdulayev and head of BP-Azerbaijan Rashid Javanshir signed the agreement on this.

georgian_times_90   Kulevi Terminal Management Plans to Select Site for Liquid Petroleum Gas Terminal   01.03.2010
Tbilisi (GBC) - The Black Sea Oil Terminal of Kulevi, in the Samegrelo region, plans to select an appropriate location at Kulevi Port to construct a liquid petroleum gas terminal. This Project is one of the substantial elements in its programme and the terminal management will select the near future, the company says.

messenger_90   SOCAR continues investing and creating new jobs   25.02.2010
SOCAR recently opened three new petrol stations, in Tbilisi, Borjomi and Dafnari (Samtredia). This is significant in the current climate, when many businesses are refraining from making new investments. SOCAR is not only continuing to invest in Georgia's economy but increasing its financial commitments to the country.

financial_80   Money paid to the State Budget by Oil Importers Has Increased 01.02.2010
The Union of Oilproducts Enterprisers, Importers and Consumers acknowledged the largest taxpayers in the oil products sector. SOCAR Georgia Petroleum Ltd was named the winner in the nomination "the Largest Taxpayer to the State Budget of Georgia" as the amount of the sum paid totaled 162,000,000 GEL.

georgia_today_80   Annual oil Awards   29.01.2010
The Union of Oil products Enterprisers, Importers and Customers held its sixth annual awards ceremony last week, honoring companies operating in the oil sector, The event recognized companies that paid the biggest amount of taxes of the Georgian state budget.

messenger_90   Finance Minister meets businessmens in Hotel Radisson   28.01.2010
Minister of Finance of Georgia, Kakha Baindurashvili , has met Georgian businessmen at the Hotel Radisson and discussed reforms made in the customs sector and the effect of the electronic submission of declarations which has been introduced.

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300 Aragveli 24 Str. Tbilisi, Georgia
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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