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Georgia decreases Azerbaijani gas import

Business Materials 27 April 2015 10:07 (UTC +04:00)

Baku, Azerbaijan, Apr. 27
By Maksim Tsurkov - Trend:

Georgia imported 480,570 metric tons of natural gas in oil equivalent worth $101.93 million from Azerbaijan in the first quarter of 2015, the Georgian National Statistics Service's report said.

Azerbaijan is the main supplier of this fuel to Georgia with a share of 68 percent of total import volume of the country in this category. Georgia has imported natural gas worth $149.9 million for three months of 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 decreased by 11.5 percent in terms of value (42,250 metric tons decrease in quantitative terms in oil equivalent, or 8.1 percent decrease).

For comparison, Georgia imported 522,820 metric tons of gas in oil equivalent in the amount of $115.170 million from Azerbaijan in January-March 2014.

The specific weight of gas in Georgia's total import volume from Azerbaijan amounted to 67.6 percent in the reporting period.

Georgia imported products worth $150.7 million from Azerbaijan in January-March 2015.

An import volume from Azerbaijan to Georgia decreased by 16.6 percent during a year, according to the report.

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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