Institute for Development of Freedom of Information (IDFI), a Tbilisi-based think-tank, backed by the United States Agency for International Development (USAID) and Zink Network issued a report today demonstrating Georgia’s mounting dependency on energy imports from Russia.
Russia has already become Georgia’s top source of oil and petroleum, the report said.
In June, 33% of the total amount of imported oil came from Russia, amounting to approximately 198 thousand tons which, a 5% increase from May.
The volume of fuel imported from the Russian Federation was increasing on the market and made up 64-65% of the total import.
Relying on data from the GeoStat, the National Statistics Service of Georgia, report also said four out of five petroleum companies operating on the Georgian market source their products in Russia
From 2010 to 2022, Georgian state agencies signed up to 3,000 contracts with Lukoil, Russia’s largest private petroleum producer with the total amount hitting 200 million GEL.
Azerbaijan remains top source for the natural gas, with the share of Russian gas reaching 22% in 2021 and 14.6% in first six months of 2022.
As for electricity imports, Russia supplies 25% of all imported electricity.
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