TBILISI(BPI)- International oil prices and the national currency rate are two major factors affecting petroleum product prices.
According to the Union of Oil Products Importers, the international factor can be excluded now given the stable oil prices remain, there remains only one risk factor such as the devaluation of the national currency which lasts for the last few days.
Importers say if the national currency does not strengthen, fuel prices can grow by 5-6 tetri per liter.
In Yakobidze’s words, an approximate rate of fuel price growth can’t be predicted as all depends on the lari devaluation.
According to Vasil Khorava, the General Director of Wissol , they are trying to maintain the price level, but if devaluation continues, then growth is inevitable.