Georgia: Authorities Postpone Introduction of New Fuel Standards

The new standards under the previous decision were to be introduced in January 1, 2009, and would cause the cessation of fuel imports from Azerbaijan and Turkmenistan, since the two countries would not be able to meet the new requirements."Now, consumers will be able to purchase cheaper fuel from Azerbaijan and Turkmenistan," Vano Mtvralashvili, head of the Georgian Association of Oil Products Enterprisers, Importers, and Consumers, said.

As Samson Pkhakadze, Chairman of Wissol Board of Directors commented, `Even though fuel standards in Georgia is far from contemporary European one as it regulates Euro 1 standard at this moment Wissol has been importing Euro 4 standards Api Italian fuel since 2007 and from December 2008 we started to offer Euro 5 standard fuel to your customers. Euro 5 standard fuel that is to be officially regulated from 1 January 2009 even in Europe is environmentally friendly product that cares not only about human health but about a car engine as well.

PetorlWorld 141208