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The decline in oil prices on the international market has been reflected in the prices of oil products sold at gas stations In Georgia - said Shavleg Mishveladze, Chairman Of The Oil, Petroleum Products And Natural Gas Committee  of the Business Association of Georgia.

9 Jun '20

The decline in oil prices on the international market has been reflected in the prices of oil products sold at gas stations In Georgia. The trend of GEL strengthening in recent days has had an even more positive impact on the formation of different types of fuel prices.Since the beginning of April, gasoline and diesel fuel prices have been falling steadily at gas stations, with an amplitude of about 70-80 tetri.At the same time, customers of the large branded companies, both individuals and legal entities, have the opportunity to take advantage of various discount systems, through which the customer receives an additional discount of 15-25 tetri per liter of fuel.

 
Although oil prices have been rising in the international market for the past two weeks, we can assume that if the current international market conjuncture and the GEL exchange rate continue to strengthen and stabilize, prices at Georgian gas stations will remain around today's benchmarks. The Business Association of Georgia hopes that the situation caused by the recent decline in fuel prices will have a positive impact on several industries.