As of the morning of March 23, the price of fuel at petrol stations in Georgia is at a historical maximum.
Prices in the five biggest companies in Georgia vary as follows:
Super – from 3.89 GEL to 4.12 GEL;
Premium – from 3.85 GEL to 3.96 GEL;
Regular – from 3.73 GEL to 3.80 GEL;
Diesel – from 3.97 GEL to 4.13 GEL.
It is possible to buy fuel at non-branded, small petrol stations relatively cheaply, for 15-20 Tetri less, although prices have risen there as well.
Just a month ago, Super cost, on average, 3.30, Premium 3.23, Regular 3.14, and Diesel 3.17 GEL.
Fuel prices have risen dramatically since the invasion of Ukraine by the Russian Federation.
In particular, in exactly one month, prices have risen by more than 20%.
The reason for the rise in fuel prices in Georgia is, on the one hand, the rise in oil prices around the world in the wake of the war, and, on the other hand, the rise in shipping costs due to the war in the Black Sea.
As of March 23, the price of a barrel of oil stood at $117.25.