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The Cheapest Fuel in the World is Sold in Russia

The Cheapest Fuel in the World is Sold in Russia

The Union of Oil Products Importers says that in Georgia fuel prices are  lower than in other post-Soviet countries.

According to the Union, as  of the first half  of November, the most expensive fuel is in the Netherlands, Norway and Italy where  the fuel prices are  about 25-30% higher than the average prices in  other European countries. In particular, in the Netherlands, the average price of super gasoline is  GEL 4,25,  premium petrol –  GEL 4.07, diesel fuel – GEL 3,25,  in Norway  the average price of Super gasoline reaches GEL 4,25, premium petrol – GEL 3,97, diesel fuel – GEL 3,94,  while in Italy  the average price of super gasoline – GEL 4,46 GEL, premium petrol – GEL 4.02, diesel fuel – GEL 3.71.

According to the Union’s data,  the cheapest fuel is sold in Russia: super petrol costs GEL 1.41, premium petrol – GEL 1.38, diesel fuel –  GEL 1.28.

As for Georgia’s neighboring countries Armenia, Azerbaijan, Ukraine, Moldova: in Armenia  the average price of 1 liter of super gasoline is  GEL 2.31, premium petrol – GEL 2.20,  diesel fuel – GEL 2.07;  in Azerbaijan – super gasoline costs GEL 2.31, premium petrol – GEL 2.13  – Azerbaijan  doesn’t produce  these products and  imports them  from Europe and  locally-produced diesel fuel costs  GEL 1.33; in Ukraine  super gasoline costs  GEL 2,10, premium petrol – GEL 1.97, diesel fuel – GEL 1.74; in  Moldova  super gasoline price – GEL 2.15, premium petrol – GEL 2.07, diesel fuel-  GEL 1.82.

In Georgia’s retail network, the average prices of 1 liter of fuel in  branded gas stations is as follows: super petrol – GEL 1,99-2,00; premium petrol – GEL 1,89-1,95; regular gasoline – GEL 1,73-1,88; diesel l – GEL 1,72-1,75; Euro Diesel – GEL 1,87-1,95 while in non- branded stations fuel is  GEL 0.15- 0.30 cheaper .

Country fuel 95 petrol 98 diesel
 Russia  0,54 Euro (GEL1,38)  0,55 Euro (GEL 1,41)  0,50 Euro (GEL 1,28)
 Azerbaijan  0,83 Euro (GEL 2,13)  0,90 Euro (GEL 2,31)  0,52 Euro (GEL 1,33)
 Ukraine  0,77 Euro (GEL 1,97) 0,82 Euro (GEL 2,10 )  0,68 Euro (GEL 1,74)
 Armenia  0,86 Euro (GEL 2,20)  0,90 Euro (GEL 2,31)  0,81 Euro (GEL 2,07)
 Moldova  0,81 Euro (GEL 2,07)  0,84 Euro (GEL 2,15)  0,71 Euro (GEL 1,82)
 Latvia  1,07 Euro (GEL 2,74)  1,10 Euro (GEL 2,82)  0,98 Euro (GEL 2,51)
 Lithuania  1,08 Euro (GEL 2,77)  1,13 Euro (GEL 2,89)  1,00 Euro (GEL 2,56)
 Greece  1,41 Euro (GEL 3,61)  1,61 Euro (GEL 4,12)  1,12 Euro (GEL 2,87)
 Norway  1,55 Euro (GEL 3,97)  1,66 Euro (GEL 4,25)  1,54 Euro (GEL 3,94)
 Netherlands  1,59 Euro (GEL 4,07)  1,66 Euro (GEL 4,25)  1,27 Euro (GEL 3,25)
Turkey  1,41 Euro (GEL 3,61)  1,42 Euro (GEL 3,64)  1,21 Euro (GEL 3,10)
Italy  1,57 Euro (GEL 4,02)  1,74 Euro (GEL 4,46)  1,45 Euro (GEL 3,71)
Germany  1,34 Euro (GEL 3,43)  1,48 Euro (GEL 3,79)  1,14 Euro (GEL 2,92)
 France  1,29 Euro  (GEL 3,30)  1,34 Euro (GEL 3,43)  1,10 Euro (GEL 2,82)
 Spain  1,16 Euro  (GEL 2,97)  1,29 Euro (GEL 3,30)  1,06 Euro (GEL 2,72)