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In a short time since its establishment in 2009, Petrocas Energy Group has managed to grow into the most important oil transportation company in Georgia and an important link in the Caspian energy transit corridor.
The idea to create an energy transportation company emerged when professionals in energy trade, logistics, and storage with strong background in business management and public administration had a vision of a completely new kind of energy transportation company in Georgia. Their philosophy was based on the good knowledge of the Region in which they were going to start operation. Georgia has always served as an entry gate to the Caucasus and Central Asia as well as a stepping stone to the region. Leveraging its location, transport economy of Georgia could benefit from large addressable transit flows, growing economies and landlocked resources. Geographically well situated in the Southern Caucasus, Georgia can be reached easily from most major European, Central Asian and Middle Eastern locations. And besides, there was not a single company in the Region who could provide a full set of energy transit services in the Region.
That vision of a diversified transit company with an all-inclusive value chain of high quality transit services operating on a regional level with potential of further growth and geographic expansion led to the creation of Petrocas Energy Group.
With the strategy of growth and business diversification in mind, the Group soon established partnerships with the regional petroleum producers supplying some of the petroleum and petrochemical products. The subsidiaries of the Group were formed – Tepco Ltd, logistical operator; Channel Energy, the most modern oil terminal on the Black Sea coast fully complying with the international quality standards. As a logical extension to the existing business lines, the retail sales business was launched in November 2010, acquiring a full operating license from GULF Oil International allowing the Group to develop its own activity as a retail chain operator of petrol stations under the new brand name – GULF Georgia.
Today, Petrocas Energy Group is an ever growing holding with the network of oil suppliers, now including Russia, and still growing, having offices in four countries, with the largest retail chain of petroleum stations in the area and expanding the chain to the countries of the Eastern Europe, reinforced by owning the most modern oil terminal on the Black Sea.
We are a young but innovative company with a strategy for growth, further geographic expansion and diversification of our value chain. And we are committed to be your reliable business partner.