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Iran ranks as Turkey's major oil supplier

Oil&Gas Materials 31 May 2011 11:54

Azerbaijan , Baku, May 31 /Trend/

Iran exported more than 1.8 million tons of crude oil to Turkey during the first quarter of 2011 and met Turkey's crude oil demands by 30 percent, IRNA reported.

Turkey imported over 4.295 million tons of crude oil from different countries during the first quarter of 2011 and Iran's share as Turkey's biggest supplier was 1.8 million tons of crude oil.

Iran is Turkey's biggest gas supplier after Russia. As OPEC's second-highest oil producer, Iran ranks second in the world in terms of natural gas reserves after Russia.

According to Turkey's energy data, volume of Iran - Turkey business trades are estimated to $12 billion in energy sector specifically.

Iraq became the second supplier while Russia fell to third place as Turkey's biggest crude oil supplier. Other countries including Kazakhstan and Saudi Arabia remain on lower ranks.

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