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Georgia increases supply of Azerbaijani gas

Georgia Materials 23 January 2016 14:13 (UTC +04:00)
Georgia imported 1.51 million tons of oil equivalent of natural gas in the amount of $314.3 million from Azerbaijan in 2015.

Baku, Azerbaijan, Jan. 23

By Maksim Tsurkov - Trend:

Georgia imported 1.51 million tons of oil equivalent of natural gas in the amount of $314.3 million from Azerbaijan in 2015, Georgia's National Statistics Service's report on foreign trade at the end of last year said.

On an annualized basis, the volumes of Georgian natural gas imports from Azerbaijan in terms of value increased by 9.4 percent, in quantitative terms - by 127,170 tons of oil equivalent, or by 9.2 percent.

Georgia imported 1.38 million tons of oil equivalent of gas in the amount of $287.34 million from Azerbaijan in 2014.

Specific weight of gas amounted to 57.9 percent in total volume of imports from Azerbaijan to Georgia for this period.

Azerbaijan is the main supplier of this type of fuel to Georgia with a specific weight of 74.9 percent of total imports in this category.

Over the past year, Georgia imported gas in the amount of $419.44 million as a whole, the report said.

The rest of the gas was supplied by Russia and other sources.

Georgia imported products in the amount of $542.89 million from Azerbaijan in 2015, which is 14.85 percent less than in 2014.

Azerbaijan exports its gas to Georgia through a pipeline linking the two countries in the Azerbaijan's Gazakh district. Power flow of gas through this pipeline is more than 2.5 billion cubic meters (bcm) per year.

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Follow the author on Twitter: @MaksimTsurkov

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