BAKU, Azerbaijan, April 23. Georgia, with a
population of approximately 3.5 million, had 1,251 gas stations as
of late 2025, Mirza Shavgulidze, head of the commercial department
at SOCAR Georgia Petroleum, said during the Second Caspian and
Central Asian Oil Logistics and Trading Forum in Baku today,
Trend reports.
“This is a very high indicator of market saturation. More than
45% of participants are small companies without recognizable
brands, owning one or two gas stations,” he noted.
According to him, this market structure creates significant
pressure on business profitability.
“For large players, the issue of optimizing operational
activities is becoming a critical condition for survival,”
Shavgulidze added.
SOCAR is one of the largest investors in Georgia. Established in
2006 as the first foreign subsidiary, SOCAR Energy Georgia is
involved in the wholesale and retail sales of oil and gas products,
as well as in the development of the gas distribution network and
natural gas supply throughout Georgia. More than 30,500 kilometers
of pipelines have been developed and rehabilitated in the country,
which allows for the supply of gas to over 930,000 customers.
