Georgian oil companies are going to make a lawsuit against the Competition Agency’s decision until August 15.
According to the CEO of Wissol, the management is currently working on a claim to be filed in court. “We have a lot of materials, lawyers should get acquainted with them and prepare a lawsuit,” he says. Lukoil company is also preparing the lawsuit. According to the company’s Director General Shavleg Mishveladze, the lawsuit will be filed within the period specified by law. In the words of Irakli Zubitashvili, head of the Corporate Business Communication Department at SOCAR, the company will file a lawsuit before 15 August.
“We intend to prove our case in court. Let’s see how it all ends. All the companies are preparing lawsuits individually, although it can be assumed that these cases will be combined in the court,” he notes. The Union of Oil Products Importers hopes the judicial bodies will be objective. “I hope that the trial will be objective and fair, based on this, we expect that companies will be able to prove their case,” Vano Mtvralashvili, Chairman of the Union, says .
Recall that the Competition Agency has revealed the presence of cartel agreements on the Georgian fuel market and fined five largest oil companies 55 million GEL. We are talking about Wissol (a fine in the amount of GEL 10 426 393), LUKOIL ( GEL 4 740 260), SOCAR (GEL 14 381 385), Rompetrol (GEL 10 885 806) and Gulf (GEL 11 267 384) and three economic agents which have close relations with the abovementioned companies.
Oil companies themselves categorically deny the existence of any cartel deals and intend to appeal the Agency’s decision in court.