Baku, Azerbaijan, May 1
By Emil Ilgar – Trend:
Iran’s oil export to Turkey doubled during the first two months of 2017.
According to the Turkey Energy Market Regulatory Authority, Turkey imported 1.6896 million tons of crude oil from Iran during January-February, which equals 204,967 barrels of crude oil per day.
During the same period of 2016, Iran’s oil export to Turkey was 845,505 tons, or 102,569 barrels per day.
Iran also imported 656 tons of oil products from Turkey.
The statistics, mentioned on chart above indicates that Turkey’s oil imports from Iran decreased dramatically during 2012-2015 due to the sanctions imposed on Iran by the West.
Sanctions on Iran were removed in January 2016. Turkey has resumed oil import from Iran since mid-2016.
Iran also exported about 1.54 billion cubic meters of gas to Turkey in Jan.-Feb. 2017, which is similar with the same period of 2016, according to the statistics of the Turkey Energy Market Regulatory Authority.