Economy
Posted: 3 years ago

Oil Bitumen Imports Decline, LPG Imports Rise

Georgia’s oil bitumen imports in September 2020 marked 17,6 thousand tons, up 2,000 tons (+12.8%) as compared to the August indicators (15,600 tons) and down 2,400 tons (-12%) compared to the same period of 2019 (20,000 tons).

Including, 10,200 tons were exported from Azerbaijan (57.9%), Iraq – 5,900 tons (33.5%), Turkey – 1,300 tons (7,4%) and Albania - 0.200 tons (1.1%). In January-September period, oil bitumen imports constituted 90,500 tons, down 40,000 tons (-30.6%) compared to the same period of 2019 (130,500 tons). Including, 54,100 tons were imported from Azerbaijan (59.8%), Iraq – 22,200 tons (24.5%), Iran – 7,600 tons (8.4%), Russia – 3,200 tons (3.5%), Turkey – 2,100 tons (2.3%), Armenia – 0,900 tons (1%) and United Arab Emirates (UAE) – 0,200 tons (0.2%).

As for liquefied petroleum gas (LPG), Georgia’s imports in September marked 1,600 tons, down 2,400 tons (-60%) compared to August 2020 (4,000 tons) and down 2,100 tons (-57.6%) compared to September 2019 (3,700 tons). Including, 87.5% of imports were carried out from Russian Federation. As for January-September period, LPG imports constituted 30,200 tons, up 3,900 tons (up 14.8%) compared to the same period of 2019 (26,300 tons), including 93.7% was imported from Russian Federation.