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New oil refinary will be constructed in Georgia

The Azerbaijani company SOCAR will start construction of oil refinery in Poti in August-September 2012, Georgian President Mikhail Saakashvili said at a meeting with residents of Poti on Sunday.

The President of Georgia noted that the construction of the refinery will take two years, after which crude oil and petroleum products can be processed in Georgia. He pointed out 2000 staff will be provided for implementation of refinery operations.

 

Source of information: http://vestnikkavkaza.net/news/economy/27892.html