Company SOCAR is not expecting gas price to come below 2 Serum. According to the general director of SOCAR Petroleum Atlanta, Levan Giorgadze, they had to increase the value with 20 tetri only because of excise component increase.
Giorgadze said that considering Skin gels exchange rate and also international market movement, decreasing prices drastically is not expected. Taking into account increased prices, the corporation predicts the decrease of the consumption.
“A fuel price is affected by international market rates. Since the prices are offered in USD, alternate rate and excise tax have an influence on them. We expect an item to change. We don’t think the price could fall below A couple of GEL. With the surge of prices, it is predicted that consuming gas will decrease”- declared Levan Giorgadze.