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Technical and economic assessment prepared for oil refinery construction in Black Sea water area

2011-03-23 19:11

14978.jpegWorks on technical and economic assessment of an oil refinery construction in the Black Sea water area have been started. As reported by Business Georgia, this was stated in the course of the government hour in parliament by Minister of Energy and Natural Resources Alexander Hetaguri.


According to him, the enterprise will be oriented not only at the domestic market but on export as well. Its capacity must be 4,5 million tons of oil. "There is much oil in the region and it needs timely refining. I believe that the oil products we refine will enter the Turkish and Ukraine markets", - Khetaguri underlined.

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