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Georgia cuts gas imports from Azerbaijan

Oil&Gas Materials 19 February 2021 18:15
Georgia cuts gas imports from Azerbaijan

BAKU, Azerbaijan, Feb.19

By Tamilla Mammadova – Trend:

Georgia imported 202,497.2 tons of gas from Azerbaijan in the amount of $32.5 million In January of this year, Trend reports citing a report from the National Statistical Office of Georgia.

The volume of gas imported from Azerbaijan by Georgia decreased by 75,095.6 tons or 27.05 percent compared to last year, while the cost decreased by $14.24 million or 30.4 percent. So, in January 2020, Georgia imported from Azerbaijan 277,592.8 tons of gas in the amount of $46.8 million.

In January of this year, Georgia's trade with Azerbaijan amounted to $86.154 million.

Last month, Azerbaijan, with a share of 11.3 percent in Georgia's total trade turnover, ranked third among the trading partners of the neighboring country after China and Turkey.

Compared to the same period last year, a decrease in trade turnover between Azerbaijan and Georgia by 16 percent was recorded.

The value of Georgia's exports to Azerbaijan over the past year decreased by 24.4 percent and amounted to $34.404 million, and imports from Azerbaijan - by 11.2 percent, amounting to $51.75 million.

Azerbaijan ranks first among the main export partners of the neighboring country, with a share of 15.3 percent in Georgia's total exports. Azerbaijan has a share of 9.6 percent in Georgia's total imports and ranks fourth after China, Turkey and Russia.

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