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Iran’s oil export to Turkey up, while gas & power delivery down

Business Materials 24 February 2017 17:38 (UTC +04:00)

Baku, Azerbaijan, Feb. 24

By Emil Ilgar – Trend:

Iran increased gas deliveries to Turkey by 22 million cubic meters (mcm) during 2016.

During last year, Iran exported about 7.703 billion cubic meters (bcm) of gas to Turkey, the statistics of Turkey’s Energy Market Regulatory Authority indicate.

Turkey’s total gas imports decreased by about 1.64 bcm to 47.218 bcm, of which about 15 percent was LNG.

Iran also exported 6,678,624 tons of oil to Turkey in 2016 compared to 5,587,624 tons in 2015.

As for electricity, Turkey stopped power imports from Iran in June 2016. Its total power intake from Iran during January-May reached 545.150 million kilowatts hour.

Turkey shared about 22 percent of Iran’s total electricity export during the last Iranian fiscal year (ended March 20, 2016), according to Iran’s Energy Ministry.

Iran exported 2,300 million kWh of electricity to Turkey during the last fiscal year.

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