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Tag Archives: socar

Wissol not Agrees with the Competition Agency’s Conclusion

Wissol company was the first among Georgian oil companies fined by the  Competition Agency  who  responded to the  CA  decision saying  that Wissol Pertrolium did not violate any of the requirements of the competition law. The company plans to further prove its case through the legal ways. Wissol Group always …

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SOCAR Opens Office in Georgia’s Batumi

Azerbaijan’s state oil company SOCAR opened its office in Batumi, Georgia, said the company in a message May 18. The building, built near the Batumi Port, will house the offices of SOCAR Energy Georgia, and its structures. The construction of the four-story building, designed for 150 people, kicked off in …

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SOCAR – the largest company in Georgia

SOCAR Petroleum Georgia, Ltd is considered as “The largest company of Georgia of 2014”. Research conducted by Iliauni (Ilia State University). Rating was conducted on the basis of the information of “GeoStat”. SOCAR Petroleum Georgia, Ltd exports oil and possesses the network of petrol stations throughout whole Georgia. At this time  …

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Azerbaijan Becomes Commercial Operator in South Caucasus Gas Pipeline

Socar commercial operator

SOCAR (State Oil Company of Azerbaijan) has become the commercial operator of the South Caucasus gas pipeline through which Azerbaijan currently sells its gas to Georgia and Turkey. Gas is extracted at the Shah Deniz field. Previously, Norwegian Statoil company was the commercial operator. It left the project by selling its …

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SOCAR Continues to Implement Projects in Georgia

Despite the crisis, Azerbaijan’s state oil company SOCAR intends to continue all projects implemented in Georgia – the CEO of the company Rovnag Abdullayev said during a meeting with Prime Minister of Georgia Irakli Garibashvili. According to him, the company’s activity in Georgia has been praised by the country’s leadership. “Despite …

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Gasoline prices at SOCAR Gas stations in Georgia drop to minimum

The prices for gasoline at all gas stations of the State Oil Company of Azerbaijan (SOCAR) in Georgia have been reduced again by 2-3 tetri ($1=1.82 GEL), as the oil prices have dropped on the world market. (Tetri is a monetary unit of Georgia, equal to one-hundredth of a lari.) The …

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Tbilisi hosts II Caspian Energy Forum-2014

On November 14 Tbilisi hosted the II International Caspian Energy Forum-2014 organized by the Caspian European Club, the largest and dynamically developing regional organization which brings together over 5000 companies and organizations from 50 countries of the world, and held with participation of President of Georgia Giorgi Margvelashvili. Addressing the …

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