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Georgia increases Azerbaijani gas import

Economy Materials 23 September 2015 12:27 (UTC +04:00)

Baku, Azerbaijan, Sept.23
By Maksim Tsurkov - Trend:

Georgia imported some 967,670 metric tons of natural gas in oil equivalent worth $201.76 million from Azerbaijan in January-August 2015, the Georgian National Statistics Service's foreign trade report for the mentioned period said.

In annual terms, Georgia's natural gas import from Azerbaijan increased in terms of value by 14.1 percent. In terms of quantity the supply increased by 109,160 metric tons of oil equivalent or by 12.7 percent.

For comparison, Georgia imported some 858,520 metric tons of gas in oil equivalent worth $176.77 million from Azerbaijan in January-August 2014.

The share of gas in Georgia's total imports from Azerbaijan over the period hit 56.4 percent.

Azerbaijan is the main supplier of this type of fuel to Georgia with a specific weight of 77.1 percent of the country's total imports in this category. Georgia imported the goods worth $261.75 million from Azerbaijan in January-August 2015.

The rest gas supply accounted for Russia and other sources.

Georgia imported the goods worth $357.8 million from Azerbaijan in January-August 2015, which is 9.85 percent less than in the same period of last year.

Azerbaijan exports its gas to Georgia via a pipeline linking the two countries in the Gazakh district of Azerbaijan. The capacity of the gas pumping through this pipeline exceeds 2.5 billion cubic meters per year.

Follow the author on Twitter: @MaksimTsurkov

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