Georgia reduces Azerbaijani gas import

Oil&Gas Materials 26 May 2015 17:27 (UTC +04:00)

Baku, Azerbaijan, May 26

By Maksim Tsurkov - Trend:

In January-April 2015, Georgia imported from Azerbaijan some 608,530 metric tons of natural gas in oil equivalent worth $127.49 million, said Georgia's National Statistics Office (GeoStat) in a foreign trade report for the mentioned period.

Azerbaijan is the main supplier of this type of fuel to Georgia with a specific weight of 71.4 percent of the country's total imports in this category.

The report said that over the four months of 2015, Georgia in total imported natural gas worth $178.6 million.

The rest of the gas supplies accounted for Russia and other sources.

In annual terms, Georgia's natural gas import from Azerbaijan fell in terms of value by 3.8 percent, and in terms of quantity, the deliveries fell by 8,570 metric tons of oil equivalent, or by 1.4 percent.

For comparison, in January-April 2014, Georgia imported from Azerbaijan some 617,100 metric tons of gas in oil equivalent worth $132.47 million.

The specific gravity of gas in Georgia's total imports from Azerbaijan over the period stood at 63.8 percent.

In January-April 2015, Georgia imported from Azerbaijan products worth $199.98 million, which is 5.5 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.

Edited by SI


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