Georgia's Gas Balance Shifts Towards Russia

Gas imports are increasing, while purchases from Azerbaijan are decreasing for the first time in several years

In January–October, Georgia imported natural gas worth $286 million, which is 4% more than the previous year. The majority of the fuel still comes from Azerbaijan, but its share is decreasing: gas worth $171.5 million was purchased in 10 months, which is almost 6% less than in 2024. However, imports from Russia increased by 23% and reached $114.9 million.

Gas enters the country via two routes: the Azerbaijani and Russian pipelines, which are used not only for domestic consumption but also for transit to Armenia and Turkey.

For transit, Georgia receives a portion of the fuel at a preferential price from Azerbaijan. The contract for so-called option gas remains key: the country can purchase up to 5% of the volume passing through to Turkey at a reduced cost.

In addition, Georgia is guaranteed to receive 500 million cubic meters of gas annually under a fixed agreement, regardless of transit volumes. Against the backdrop of rising prices and changes in the import structure, the country's energy balance is becoming increasingly sensitive to supplies from Russia.