Georgia's only full-cycle oil refinery, located in Kulevi port, will completely stop purchasing Russian oil in August-September and switch to processing raw materials from Kazakhstan and Libya.
This decision was made by Black Sea Petroleum LLC (BSP) after the European Union included the Kulevi Refinery in the 21st package of anti-Russian sanctions. According to the terms of the sanctions, the enterprise must stop using Russian oil no later than January 25, 2027.
The company reported that the processing of Kazakh oil began in early July. In August, the plant will also start working with Libyan raw materials. The first batch of oil from Libya is expected to arrive in Kulevi between August 20 and 30.
The agreement on the supply of Libyan oil was signed on July 3, 2026. It will be valid until the end of 2027 with the possibility of further extension.
Russia first began supplying oil to the Kulevi Refinery in October 2025. The plant became Georgia's first full-cycle oil refining enterprise. Its creation is intended to help the country reduce its dependence on imports of finished petroleum products, which were previously mainly purchased from Turkey, Azerbaijan, Romania, Russia, and Kazakhstan.
Currently, the enterprise's capacity is about 1.2 million tons of oil per year. By 2028, it is planned to increase it to 4 million tons. The produced petroleum products will be supplied to both Georgia's domestic market and for export.
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