live U.S., Iran closer to deal, timing remains unclear
U.S. and Pakistani leaders forecast a Sunday signing of a long-elusive framework agreement to end fighting between the United States and Iran, as Reut...
Georgia plans to cover the overwhelming majority of its natural gas consumption in 2026 through imports from Azerbaijan, according to the gas balance approved by the Ministry of Economy and Sustainable Development
The decision highlights Azerbaijan’s continued dominance in Georgia’s energy mix while keeping Russian supplies limited and domestic production marginal.
Under the approved balance, Georgia’s total natural gas imports in 2026 will amount to 3.34 billion cubic meters. Of this volume, 2.926 billion cubic meters — or 87.6% — will be imported from Azerbaijan.
By contrast, Russian gas supplies are projected at 400 million cubic meters, representing a significantly smaller share of total imports. Georgia’s own gas production is expected to remain minimal, at approximately 14 million cubic meters.
Georgia’s reliance on Azerbaijani gas is not new. For years, Azerbaijan has been the country’s main supplier, largely due to long-term agreements and infrastructure linked to the South Caucasus energy corridor. The 2026 figures indicate continuity rather than a policy shift, with Azerbaijan continuing to anchor Georgia’s energy security.
At the same time, the presence of Russian gas — though limited — suggests a pragmatic diversification approach rather than complete exclusion, allowing Georgia flexibility in managing seasonal demand and supply risks.
The planned import structure has broader regional significance. Azerbaijan’s dominant role strengthens Georgia’s integration into regional energy routes connecting the Caspian region to European markets.
This aligns with Georgia’s long-standing objective of positioning itself as a reliable transit and partner country in regional energy cooperation.
Reducing reliance on any single supplier, while maintaining Azerbaijan as the backbone of supply, allows Georgia to balance energy security, economic stability, and geopolitical caution amid ongoing regional tensions.
With domestic production covering only a fraction of demand, Georgia’s 2026 gas balance shows the strategic importance of stable import agreements. The figures reflect a policy focused on predictability, affordability, and regional partnerships rather than rapid diversification or structural change.
As energy markets remain volatile across Europe and the wider region, Georgia’s gas strategy for 2026 signals a deliberate effort to safeguard national energy needs while navigating complex geopolitical realities.
Pakistan has warned that any attempt by India to block or significantly reduce river flows under the Indus Waters Treaty could have “far-reaching consequences”, after India's water minister said New Delhi was working to ensure that “not a single drop” of water reaches Pakistan in the coming years.
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 trillion. Investors flocked to the world’s largest IPO, betting on Elon Musk’s sprawling empire spanning rockets, AI and beyond.
Armenia has every right to choose Europe. But Europe’s support for Armenia’s direction should not become automatic approval of its political process.
U.S. President Donald Trump has said a peace agreement with Iran is scheduled to be signed on Sunday in a post on social media, despite Tehran's Foreign Ministry spokesperson Esmaeil Baghaei saying no deal would be approved this weekend.
Japan’s birth rate and fertility levels have fallen to their lowest levels on record, highlighting the country’s worsening demographic crisis as fewer people marry and have children.
The International Monetary Fund (IMF) has urged Georgia to implement reforms to tackle youth unemployment. Nearly 30 per cent of people aged 15-24 are without a job in the country, according to World Bank data.
Kazakhstan’s ruling Amanat party has announced it will merge with a party launched only a month ago by allies of the country’s President Kassym-Jomart Tokayev.
An Indian pollution regulator has accused a Tata components factory supplying Apple iPhones of contaminating groundwater near farmland with wastewater, raising the prospect of a forced shutdown unless the company provides a satisfactory response.
Uzbekistan will launch a new digital financial platform from 1 July aimed at simplifying access to finance for entrepreneurs, as part of broader efforts to support small businesses, encourage innovation and accelerate private sector development.
Pakistan has warned that any attempt by India to block or significantly reduce river flows under the Indus Waters Treaty could have “far-reaching consequences”, after India's water minister said New Delhi was working to ensure that “not a single drop” of water reaches Pakistan in the coming years.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment