Tag Archives: Lukoil

Oil importer and distributor company “Lukoil” has lowered the prices on fuel since today’s morning. According to the company, the prices were reduced by 5 tetri on all categories of fuel. Therefore, resulting in the current pump price per liter to be: Euro Super 1.69 Premium Avangard 1.59 Euro Premium 0.00 Euro …

55 million GEL Fine by the competition agency, GEL devaluation and global tariffs volatility – these main factors have determined the Georgian oil products market tendencies in 2015. In his interview with the CBW, Shavleg Mishveladze, the deputy director general of Lukoil, noted the main achievement of the company is …

Part of oil companies decreased fuel prices in Georgia Gasoline prices is significantly reduced in LUKOIL chain. Cost is declined by 10 tetri on the different types of fuel. Today, cost of 1 l Euro Regular amounts to 1.63 GEL; Premium Avant Garde – 79 GEL, Eurosuper – 1,89 GEL. …

Chairman of the Competition Agency George Barabadze is  sure that he will win a court dispute  regarding  fines imposed on  the oil companies. Barabadze told journalists in a seminar titled Direct and indirect evidence of cartel cases”. He refrains from  preliminary estimates, as  the court proceedings are underway. Recall that …

Russian oil major Lukoil has topped a list of the country’s 200 largest private companies compiled by the Russian edition of Forbes magazine. In the mid-2000s Lukoil was Russia’s biggest oil producer, it’s now second to Rosneft. Lukoil is first among the world’s private oil and gas companies in terms …

The company Sun Petroleum Georgia operating chain of petrol stations under the Gulf brand intends to challenge the Competition Agency’s  decision in the court. CBW  was told at Gulf  oil company. They say that they are strongly against the Agency’s arguments and imposed fine, as Sun Petroleum Georgia is one of …

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 …