Where Does Georgia Buy Fuel? - Three Countries Georgia Purchased Fuel From in 2021

Georgia imported 1,453,707,000 liters of gasoline and diesel in 2021, up 7.2 percent from the previous year.

The biggest volume of fuel was imported from Turkmenistan, accounting for 22.1 percent of overall imports, according to the Competition Agency.

Second place went to the Russian Federation. Russian fuel imports accounted for 19.2 percent of overall imports. With 18.2 percent of the vote, Romania came in third.

Diesel fuel accounted for 45.7 percent of total imports, while gasoline accounted for 54.3 percent. Regular type fuel was the most popular among gasoline-type fuels, accounting for 64 percent of total imports, while its share of total imports was 34.9 percent.

“The prime cost of regular fuel imported from Turkmenistan and Russia is significantly lower than the cost of similar fuel imported from Bulgaria and Romania; The difference between the cost on per liter regular type gasoline is in the range of 6-25 tetri, "- said in a report by the Competition Agency.

Regarding the prices, the Competition Agency reports that as of Platts, processed fuel price increased globally by 65% in 2021, which could not be offset by the 6-7% strengthening of GEL in 2021, so the selling price increased.