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.

Sources
bm.ge

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