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Georgia increases Azerbaijani gas import over 2 times

Business Materials 26 February 2015 18:48 (UTC +04:00)

Baku, Azerbaijan, Feb. 26
By Maksim Tsurkov - Trend:

Georgia imported 56,780 metric tons of natural gas in oil equivalent worth $35.68 million from Azerbaijan in January 2015, the Georgian National Statistics Service's report said Feb.26.

Georgia has imported natural gas worth $50.9 million since early 2015, according to the report.

The rest gas supplies accounted for Russia and other sources.

In annual terms, the Georgian natural gas imports from Azerbaijan increased in quantitative terms by 2.3 times.

For comparison, Georgia imported 24,470 metric tons of gas in oil equivalent in the amount of $43.17 million from Azerbaijan in January 2014.

The specific weight of gas in Georgia's total import volume from Azerbaijan amounted to 70.6 percent in the reporting period.

Georgia imported products worth $50.6 million from Azerbaijan in January 2015.

An import volume from Azerbaijan to Georgia decreased by 1.4 percent during a year, according to the report.

For comparison, Georgia imported Azerbaijani goods worth $51.3 million during the same period of 2014.

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

Follow the author on Twitter: @MaksimTsurkov

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