SOCAR invested in Georgia more than USD 1 bln. in last 12 years

SOCAR invested in Georgia more than USD 1 bln. in last 12 years
  • Clock-gray 12:49
  • calendar-gray 25 September 2019

More than USD 1 billion has been invested in Georgian economy by SOCAR and its institutions within 2007-2018, APA-Economics reports citing SOCAR’s information, given in accordance with its report on sustainable development.

According to the report, SOCAR’s activity in Georgia is conducted by “SOCAR Georgia Petroleum”, “SOCAR Gas Export-Import”, “SOCAR Georgia Gas”, “SOCAR Georgia Gas Distribution”, “Black Sea Terminal”, and other companies.

"SOCAR Georgia Petroleum" LLC organizes wholesale and retail sales of oil products of Azerbaijan and third sides in Georgian market.

The report says "SOCAR Georgia Petroleum" involves 115 filling stations, 16 service centers, and 5 oil refineries in neighbor country.

 

Emil Ismayilov

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