Import of Oil Products to Georgia Increases in H1 2016

Import of oil products to Georgia in June 2016 increased by 2.4 thousand tons compared to May of this year, amounting to 104.9 thousand tons. Georgia received most oil products from Romania, Russia and Azerbaijan and diesel fuel was imported more than petrol, the Union of Oil Products Importers (UOPI) claimed.

Growth of imports of petrol result from an increase in consumption as, due to lower prices for petrol, gas consumers have switched back to petrol, reported the UOPI. “Fuel consumption is also directly linked with the intensification of the economy: agricultural works, infrastructure projects, construction and transit transport,” they said.

The largest volume of imported gasoline and diesel fuel this June originated in Romania – 31,000 tons (29.6 percent of total imports), followed by Russia – 25,000 tons (23.8 percent), Azerbaijan – 22,100 tons (21.1 percent), Bulgaria – 12,000 tons (11.4 percent), Turkmenistan - 9,100 tons (8.6 percent), and Greece – 4,300 tons (4.1 percent).

In general, imports of oil products to Georgia in the first half of 2016 increased by 14.3 percent compared to the same period last year, amounting to 519,300 tons.

Eka Karsaulidze