Georgia-based auto gas networks speak about SOCAR’s monopoly on the Georgian autogas market.
Prior to this, only small filling stations talked about theabovementioned, but now the Wissol Group representatives say that they are unable to determine the auto gas price in the country, the reason is the lack of suppliers in the market.
Soso Pkhakadze, President of the largest oil importer Wissol Group, says that because of lack of choice of providers in the market, Wissol cannot determine the cost of gas.
According to Autogas company, the gas price rise in the last period was not only due to fluctuations in US dollar rate but depended on the purchase price set by the gas importing company SOCAR for the companies. But the company still saysthat the price of automobile gas will drop in the near future, only if GEL strengthens for at least 2-3 months.
At this stage the company sells one cubic meter of gas for GEL 1.15. The cost of gas rose by GEL 0.05 in mid-December of last year.
A small gas company Gama also explains auto gas price hike by the prices determined by SOCAR.
The company’s CEO David Chakhtauri says in a conversation with “Commersant” that 1 cubic meter of gas in their company costs GEL 1.15. In his words, the price was increased about two months ago by all gas companies as a result of a price increase by SOCAR.
SOCAR speaks of two main factors in the formation of the selling price of gas.
“The first cause is fluctuations in GEL rate in relation to the exchange rate of foreign currencies. The second is additional investments in gas stations required for a safe functioning of the stations.
The company purchased necessarily equipment through bank loans, financial servicing of which is strictly regulated and requires each station to return the made in a specified period, otherwise the company suffers penalties “, – Irakli Zubitashvili, the head of the Corporate Business Communication Department at SOCAR Energy Georgia, told “Commersant”.
“As of today, the lowest price on the market is offered at SOCAR Georgia Petroleum gas stations that amounts to GEL 1.13,” – explains Zubitashvili.