Georgian Refinery Says It Will Phase Out Russian Oil After EU Sanctions Warning
Adrian Bogdan
Georgia’s only oil refinery, in Kulevi on the Black Sea coast, plans to stop using Russian crude and switch to feedstock from Turkmenistan, Kazakhstan and other alternative sources, according to Black Sea Petroleum chief David Potskhveria . He said the company’s goal is to fully replace Russian feedstock so its petroleum products can access the European Union market. The move follows weeks of scrutiny over Kulevi’s role in Russian oil flows after the European Union considered sanctions on the
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