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Geostat reveals volume of natural gas imported from Azerbaijan

Oil&Gas Materials 19 November 2020 17:11 (UTC +04:00)
Geostat reveals volume of natural gas imported from Azerbaijan

BAKU, Azerbaijan, Nov. 19

By Tamilla Mammadova – Trend:

Georgia imported 1.274 million cubic meters of natural gas from Azerbaijan from January through October 2020, Trend reports citing the Georgian National Statistics Office (Geostat).

According to the data, this is 2.7 percent less than in the same period last year.

During the reporting period, Georgia supplied from Azerbaijan 167,100 tons of oil and oil oils worth $51 million. The volume of production is 34.1 percent more than in the same period last year.

The trade turnover between Georgia and Azerbaijan amounted to $746.3 million from January through October 2020. This is 9.8 percent less than in the same period last year.

In ten months, Azerbaijan, with a share of 8.1 percent in Georgia's trade turnover, took 4th place among Georgia's trade partners after Turkey, Russia, and China.

In the reporting period, the total value of Georgia's imports from Azerbaijan amounted to $381.7 million. According to the document, this is 10.5 percent less than in the same period last year. For 10 months, Azerbaijan, with a share of 5.9 percent in Georgia's total imports, became the 5th among the main import partners of Georgia after Turkey, Russia, China, and the United States.

From January through October 2020, the total value of products exported from Georgia to Azerbaijan amounted to $364.6 million. This is 10.5 percent less than in the same period last year. In ten months, Azerbaijan (share of 13.4 percent) became the second major export partner of Georgia after China.

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