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Iran becomes Turkey’s second biggest gas supplier

Business Materials 30 December 2017 13:24 (UTC +04:00)

Baku, Azerbaijan, Dec. 30‎

By Fatih Karimov – Trend:

Turkey’s gas import from Iran amounted to 722.6 million cubic meters in October, 24.3 percent more year-on-year.

Natural gas imports from Iran accounted for 17.5 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.

Iran was Turkey’s second gas supplier in the period, after Russia.

Turkey’s gas import from Iran in January-October 2017 stood at 7.6 billion cubic meters (bcm).

Turkey’s total natural gas import stood at 4.137 bcm in October, registering a rise by 19.7 percent year-on-year.

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

Gas import sources

October(mcm)

Share (%)

Y/Y change (%)

Azerbaijan

517.93

12.52

11.65

Algeria

255.26

6.17

10.00

Iran

722.62

17.47

24.27

Qatar

133.88

3.24

100.00

Nigeria

106.60

2.58

100.00

Russia

2,400.81

58.03

10.19

Total

4,137.10

100

19.70

Turkey also exported 45.39 million cubic meters of gas to Greece in October, indicating a fall by 22.13 percent year-on-year.

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