BAKU, Azerbaijan, March 27
Tamilla Mammadova – Trend:
Georgia imported 4,400 tons of oil bitumen from Azerbaijan from January through February 2021, Trend reports referring to Georgian Union of Petroleum Products Importers.
In the reporting period, Azerbaijan met 84.6 percent of Georgia’s need for oil bitumen.
Over the past two months, Georgia imported 5,200 tons of oil bitumen, 2,500 tons or 32.5 percent more than a year earlier.
According to the union, the decline in bitumen supply was caused by COVID-19 and restrictions.
Meanwhile, prices for petroleum products have increased in Georgia since the beginning of 2021 through March.
Thus, gasoline and diesel fuel have risen in price by an average of 30-35 tetri (9-10 cents) over the reporting period.
"Fuel prices have been growing since last year. From the beginning of June, international prices for Platts began to rise and fuel prices began to rise. But since this year, the rise in prices has become more tangible for consumers. Because the prices today are practically the same as before the coronavirus pandemic. This year, fuel in Georgia has risen in price at branded gas stations by 35-40 tetri (10-11 cents). We expect that the process of rising prices will continue in the near future," said the Chairman of the Georgian Union of Petroleum Products Importers Vano Mtvralashvili.
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