Over the last five years, the world oil price has decreased by 48 per cent, but in spite of this, the fuel price in Georgia has not diminished.
Analysts from the NGO "Transparency International Georgia" say the reason for the 53 per cent increase is impairment of GEL and increased taxes on fuel.
The NGO has studied the tendencies of 2014-2018 and concluded that fuel quality control has improved and market competition increased. According to the study, Russia, Romania, Azerbaijan and Turkmenistan are the leading importers of fuel. Since 2014 the share of fuel from Russia has increased from 5 to 27 per cent.