Maka Asatiani, the founder of Black Sea Petroleum, announced that the Kulevi oil refinery project aims to strengthen Georgia’s development and enhance the country’s energy security.

Speaking at the project’s presentation, Asatiani emphasized the importance of cooperation between Georgian and foreign business structures in realizing this significant initiative.

“Our goal was to create a project that would further raise the country’s development to a higher level,” said Asatiani. “We believe the Kulevi plant will contribute to Georgia’s energy security and development. This achievement would not have been possible without the effective work and significant support of the government, as well as the involvement of state and local institutions.”

Asatiani highlighted that the refinery will start exporting products in the spring of 2025, marking a major step forward for the country’s economy.

“This project is an outstanding example of collaboration between Georgian and international business entities. I express my gratitude to our funding organizations, partners, and team members for their dedication and unity in achieving this shared goal,” she added.

The presentation event, held in Kulevi, was attended by Prime Minister Irakli Kobakhidze and Minister of Economy and Sustainable Development Levan Davitashvili.