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Azerbaijan´s oil & gas exports to Georgia up

Azerbaijan´s oil & gas exports to Georgia up

Baku, August 21 - Neftegaz.RU.
According to Azernews, Azerbaijan has increased the volume of oil, gas and oil products exports to Georgia in the 1st 7 months of this year.

In particular, Georgia imported 116,447 tons of oil and oil products from Azerbaijan in January-July 2019, the National Statistics Office of Georgia said in a message. The total cost of oil and oil products exported from Azerbaijan to Georgia amounted to $64.186 million.

Oil and oil products imported by Georgia from Azerbaijan increased by 21,623 tons or 22 % in quantitative terms, and 10.7 % in value terms. In January-July 2018, Georgia imported 94,824 tons of oil and oil products worth $57.977 million from Azerbaijan.

As for gas imports, in the 1st 7 months of this year, Georgia imported 1.047 million cu m of natural gas from Azerbaijan. This is 80,333 cu m or 8.3 % more than in the same period of 2018.

Currently, Azerbaijan is the main supplier of gas to Georgia. Today, Georgia receives natural gas from Azerbaijan through 2 sources. Thus, Georgia supplies the population and thermal power plants with gas purchased from SOCAR. In addition, Georgia receives a transit share for the transportation of Azerbaijani gas to the world market.

SOCAR supplies gas through the Gazimahammad-Gazakh pipeline. In addition, Azerbaijani gas is supplied to Georgia from the Shah-Deniz field via the Baku-Tbilisi-Erzurum pipeline.

Last year, Georgia imported 2.2 billion cu m of gas from Azerbaijan.

Author: Leman Mammadova

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