Azerbaijan leads as top exporter of natural gas to Georgia in 2024

Energy
  • 25 November, 2024
  • 14:35
Azerbaijan leads as top exporter of natural gas to Georgia in 2024

Georgia imported 1.252 billion cubic meters of natural gas worth $181.84 million from Azerbaijan in the first ten months of 2024, Report informs, citing Georgia's National Statistics Office.

Compared to the corresponding period in 2023, the imports dropped by 9 percent in volume and 27 percent in value.

Thus, Azerbaijan ranked first among countries exporting natural gas to Georgia.

In October alone, Georgia purchased 143 million cubic meters of natural gas worth $21.34 million from Azerbaijan, representing a decrease of 11 percent and 23 percent, respectively year-on-year.

Overall, Georgia imported 1.685 billion cubic meters of natural gas, valued at $304 million in 10 months, representing a decrease of 4 percent in volume and 13 percent in value compared to the previous year.

Meanwhile, in 2023, Georgia purchased a total of 2.25 billion cubic meters of natural gas worth $445 million, of which 1.8 billion cubic meters worth $313.5 million fell to Azerbaijan.