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Georgia increases imports of Azerbaijani gas by almost 21%

Oil&Gas Materials 2 July 2014 21:34 (UTC +04:00)
Georgia imported 685,520 tonnes of natural gas in the oil equivalent in the amount of $133.84 million from Azerbaijan in January-May 2014, the report of the "GeoStat" (National Statistical Service of Georgia) said.
Georgia increases imports of Azerbaijani gas by almost 21%

Baku, Azerbaijan, July 2

By Zulfiyya Gurbanova - Trend:

Georgia imported 685,520 tonnes of natural gas in the oil equivalent in the amount of $133.84 million from Azerbaijan in January-May 2014, the report of the "GeoStat" (National Statistical Service of Georgia) said.

Azerbaijan is the main supplier on this type of fuel to Georgia with specific weight of 83.5 percent out of the total imports in this category. The report said that since the beginning of the year Georgia in total imported natural gas in the amount of $160.28 million.
The remainder of the gas supply accounts for Russia and other sources.

In annual terms, the volume of the Georgian natural gas import from Azerbaijan rose by 20.9 percent (in quantitative terms - by 46,760 tonnes in oil equivalent).

For comparison, Georgia imported 638.760 tonnes of gas in oil equivalent from Azerbaijan in the amount of $110.71 million in January-May last year.

The specific weight of gas in total volume of import from Georgia to Azerbaijan for the reported period amounted to 53.7 percent.

Georgia imported products amounting to $249.02 million from Azerbaijan in January-May, 2014. The volume of imports from Azerbaijan to Georgia grew by 3.98 percent. For comparison, during the first five months of 2013, Georgia imported Azerbaijani goods worth $239.49 million.

Edited by CN

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