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Georgia increases Azerbaijani gas imports by 17%

Thursday, August 28
Between January and July 2014, Georgia imported from Azerbaijan 793,250 tons of natural gas in oil equivalent worth $162.3 million, Georgia's National Statistics Office (GeoStat) said Aug. 25.

Azerbaijan is the main natural gas supplier to Georgia with a specific weight of 83.5 percent of the country's total imports in this category. According to the report, since early 2014, Georgia imported natural gas worth a total of $194.4 million.

The rest of gas supplies accounted for Russia and other sources.

In annual terms, the Georgian natural gas imports from Azerbaijan grew in value terms by 21.2 percent (in quantity terms the supplies rose by 114,790 tons of oil equivalent, or 16.9 percent).

For comparison, in January-July 2013, Georgia imported from Azerbaijan 678,460 tons of gas in oil equivalent in the amount of $133.94 million.

The specific gravity of gas in Georgia's total imports from Azerbaijan amounted to 46.7 percent in the reporting period.

In January-July 2014, Georgia imported from Azerbaijan products worth $347.28 million. According to the stats, Azerbaijani imports to Georgia grew by 6.97 percent.

For comparison, during the same period in 2013, Georgia imported Azerbaijani goods worth $324.66 million. (