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Shavleg mishveladze

Georgian Oil Market Tendencies of 2015 at a Glance: Lukoil Evaluates the year of 2015

55 million GEL Fine by the competition agency, GEL devaluation and global tariffs volatility – these main factors have determined the Georgian oil products market tendencies in 2015.

In his interview with the CBW, Shavleg Mishveladze, the deputy director general of Lukoil, noted the main achievement of the company is that it imports top-quality European fuel to Georgia.

„The fuel quality issue is more and more accentuated in Georgia. Therefore, our major achievement is that our network trades in top-quality European fuel, the quality that dominates in the leading European countries. This fact makes us proud. We do not offer various low-cost products at the expense of fuel quality deterioration”, Mishveladze said.

In 2015, the company maintained its niche, expanded the network and unveiled two new stations in Samtskhe-Javakheti. As to the sales, the company has maintained the existing sales indicators and this is a success amid the GEL exchange rate devaluation.