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Iran more than doubles oil export to Turkey

Business Materials 1 June 2017 19:32 (UTC +04:00)

Baku, Azerbaijan, June 1

By Emil Ilgar – Trend:

Iran’s oil export to Turkey increased more than two times to 211,101 barrels per day (b/d) during the first quarter of 2017.

According to the statistics released by Turkey’s Energy Market Regulatory Authority, Iran exported more than 2.624 million tons of oil to the country in January-March.

2017 (1,000 tons)

Barrels per day

2016 (1,000 tons)

Barrels per day

January

833.6

205,670

406.894

97,129

February

856

204,427

438.611

108,190

March

935

223,207

447.250

106,763

First Quarter

Sum: 2624.6

Average: 211,101

Sum: 1292.8

Average: 104,027

Iran delivered 2.417 billion cubic meters (bcm) of gas to Turkey in January-March, about 240 million cubic meters (mcm) more than in 1Q16.

Turkey is Iran’s sole gas client. Iran exported 7.7 bcm of gas as well as 6.677 million tons (135,369 b/d) of crude oil to Turkey in 2016.

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