"The import of petroleum products into Georgia decreased by 19.5% (from $974 to $783 million), while the import of natural gas increased by 4.6% (from $354 to $370 million)," - Galt&Taggart said in the monthly overview of the raw materials market.
"The import of gasoline and diesel into Georgia decreased by 19.5%in 11 months of 2023, which led to the use of relatively inexpensive import markets. The value of the import of natural gas increased by 4.6% in 11 months of 2023, which led to both prices and volume increased by 3.4% to 2.7 million cubic meters.
Natural gas in December 2023 decreased by 29.7% and a 54.5%-decrease was recorded annually. A significant increase in prices is not expected in the near future, as Europe sees a high level of supplies (86%),” - the review reads.
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One US dollar trades at GEL 2.7064
11/11/2025
