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Turkey imports over 40 bcm in 2013

Business Materials 24 September 2014 08:05 (UTC +04:00)
Turkey imported 45.2 billion cubic meters of gas in 2013.
Turkey imports over 40 bcm in 2013

Baku, Azerbaijan, Sept. 24

By Rufiz Hafizoglu - Trend:

Turkey imported 45.2 billion cubic meters of gas in 2013, the Turkish news agency Anadolu reported.

Around 20.7 percent of the total volume of gas imported by Turkey accounted for consumers among the population, 45.85 percent - electricity generation. Around 25.11 percent of the imported gas was used in the industrial sector of the country.

Around 58 percent of gas imported by Turkey accounted for Russia, 19 percent - Iran, 9 percent - Azerbaijan in 2013. The remaining 14 percent of the imported gas accounted for Algeria and Nigeria.

Turkey has contracts with Iran to supply 10 billion cubic meters of gas per year, with Russia it is 20 billion cubic meters of gas and with Azerbaijan - 6.6 billion cubic meters of gas.

Turkey also has an agreement with Algeria and Nigeria for the supply of 4.4 billion and 1.2 billion cubic meters of liquefied natural gas respectively per year.

Gas prices are not officially disclosed, but Turkey buys Iranian gas at $490 per 1,000 cubic meters, according to Turkish media. Turkey pays $335 for 1,000 cubic meters of Azerbaijani gas which is supplied via the South Caucasus Pipeline (Baku-Tbilisi-Erzurum pipeline). The country pays $425 for 1,000 cubic meters of Russian gas.

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