Georgia's oil revenues increase 42%

Georgia's oil revenues increase 42% In the first quarter of this year, the volume of oil products transported by Georgian railways rose by 33% year on year, Report's local bureau states, citing Georgia Railways JSC.
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April 22, 2021 11:11
Georgia's oil revenues increase 42%

In the first three months of this year, the volume of oil products transported by Georgian railways rose by 33% year-on-year, Report's local bureau states, citing Georgia Railways JSC.

The revenue from transportation increased by 42%. In January-March, container traffic grew by 3.5% and revenue surged 8%.

In the first three months, the total volume of cargo transported by rail increased by 7.3% compared to the same period last year, and revenue by 14%.

According to the company, the results for the first three months of this year are a record for the last six years.

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