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Turkmenistan boosts oil exports to Georgia

Oil&Gas Materials 24 March 2022 09:48 (UTC +04:00)
Turkmenistan boosts oil exports to Georgia
Maryana Ahmadova
Maryana Ahmadova
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BAKU, Azerbaijan, March 24. Georgia’s imports of petroleum and petroleum oils from Turkmenistan from January through February 2022 amounted to $27.1 million, which is an increase of 85.6 percent, compared to $14.6 million over the same period of 2021, Trend reports via the National Statistics Office (Geostat).

However, the amount of imported petroleum and petroleum oils in February 2022 alone slightly decreased by 5 percent, compared to $13.9 million in January 2021, and totaled $13.2 million.

Thus, Turkmenistan ranked fourth among main petroleum and petroleum oils exporters to Georgia in January 2022, following Romania ($41.7 million), Bulgaria ($28.8 million), and Azerbaijan ($27.4 million).

Meanwhile, Georgia’s total imports of petroleum and petroleum oils from January through February 2022 increased by 94.4 percent, compared to the same period of 2021 ($83.6 million), and totaled $162.6 million.

Georgia’s imports in the reporting period of 2022 totaled $1.7 billion – an increase of 47 percent, compared to $1.1 billion from January through February 2021, and 30.7 percent, compared to the period of 2020 ($1.3 billion).

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