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Iran becomes Turkey’s 3rd gas supplier

Business Materials 29 November 2017 14:57 (UTC +04:00)

Baku, Azerbaijan, Nov. 29

By Fatih Karimov– Trend:

Turkey’s gas import from Iran amounted to 530.54 million cubic meters in September, 2.3 percent more year-on-year.

Natural gas imports from Iran accounted for 14.4 percent of the country’s total gas imports in the one-month period, according to a report released by Turkey’s Energy Market Regulatory Body.

Turkey’s gas suppliers in September 2017

Iran was Turkey’s third gas supplier in the period, after Russia and Azerbaijan.

Turkey’s gas import from Iran in January-September 2017 stood at 6.9 billion cubic meters (bcm).

Turkey’s total natural gas import stood at 3.681 bcm in September, registering a rise by 22.38 percent year-on-year.

Iran’s overall gas exports to Turkey reached 7.7 billion cubic meters last year.

Gas import sources

September (mcm)

Share (%)

Y/Y change (%)

USA

92.07

2.50

13.50

Azerbaijan

580.04

15.76

11.71

Algeria‎

356.17

9.68

19.39

Iran

530.54

14.41

2.30

Russia

2,121.94

57.65

40.77

Total

3,680.77

100

22.38

Turkey also exported 57.99 million cubic meters of gas to Greece in August, indicating a fall by 1.92 percent year-on-year.

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