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Iran increases gas export to Turkey

Oil&Gas Materials 28 April 2016 18:50 (UTC +04:00)

Baku, Azerbaijan, Apr. 28

By Maksim Tsurkov - Trend:

Iran exported 1.54 billion cubic meters of gas to Turkey in January-February 2016, as compared to 1.5 billion cubic meters exported in the same period of 2015, according to a report posted on the website of Turkey's Energy Market Regulatory Authority.

Iran exported 7.83 billion cubic meters of natural gas to Turkey in 2015, as compared to 8.93 billion cubic meters in 2014.

The report said that in January-February 2016, Turkey imported 9.36 billion cubic meters of gas, of which 7.29 billion cubic meters were imported via pipelines, while 2.07 billion cubic meters of the imported gas accounted for the liquefied natural gas (LNG).

Iran accounted for 16.5 percent of Turkey's total gas import in January-February 2016.

Turkey imports gas from Azerbaijan via the South Caucasus Pipeline (Baku-Tbilisi-Erzurum). The country has a contract to purchase 6.6 billion cubic meters of gas per year from Azerbaijan's Shah Deniz gas and condensate field.

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