KazMunayGas subsidiary to build a fuel stations network in Georgia

KazMunayGas subsidiary to build a fuel stations network in Georgia

Rompetrol will open seven new gasoline stations in Tbilisi by the end of 2013 and plans to open 10-15 more stations in Tbilisi and other regions of Georgia in 2014, Rompetrol Georgia General Director Nurken Murzagaliyev said.

In his words, the Rompetrol network in Georgia currently includes more than 70 gas stations, 19 of which in Tbilisi. The company’s share in the Georgian retail gasoline market is 15-16 percent. Georgia needs around 800,000 tons of fuel a year.

Rompetrol Georgia was established in 2005 and coordinates at the present time a distribution network of 65 fuelling stations. The network includes Rompetrol stations and also rebranded stations, part of the franchise distribution system, started in 2009, the company website says.

Apart from the fuel network, the company carries out wholesale activities through the depot in Batumi port, as well as through Tbilisi depot which has been totally modernized, increasing the storage capacity from 6,500 to 9,550 tons.

The Rompetrol Group N.V., subsidiary of Kazakhstan's national oil and gas company KazMunayGas, is an international oil company with the head office in Amsterdam. Rompetrol owns three refineries in Romania and a European network of over 1,000 gasoline stations.

KazMunayGas is Kazakhstan's national operator for exploration, production, processing and transportation of hydrocarbons. It represents the country's national interests in Kazakhstan’s oil and gas sector. The company is wholly-owned by Samruk-Kazyna National Welfare Fund.