Iran Ranks Atop In Turkey’s Crude Oil Imports

Turkey’s crude oil purchasing from Iran raised 142 percent to 7 million 426 thousand tons in the first seven months this year over the same period previous year.

In the first seven months this year, Turkey’s oil purchasing from Iran raised 142 percent to 7 million 426 thousand tons year on year. So, Iran ranked atop in Turkey’s oil imports in this period this year. This country was followed by Iraq, Saudi Arabia and Kuwait respectively.

As Turkey’s oil imports decreased gradually from Iraq, the oil imports from Iran reached leading position in the first seven months this year.

This year in the first seven months, the most oil imports of Turkey accomplished from 5 countries as Iran, Iraq, Russia, Saudi Arabia and Kuwait respectively. Last year the most crude oil was made from Iraq. As for this year, Turkey’s crude oil imports from Iraq plunged 20.5 percent to 4 million 332 thousand tons this year in January-July. Last year, Turkey’s crude oil imports from Iraq was 5 million 453 thousand tons, according to the data from Turkey’s Energy Market Regulatory Board.

As for Turkey’s crude oil imports from Iran increased 142 percent to 7 million 426 thousand tons in this period this year. Last year, this amount was 3 million 64 thousand tons from this country in Turkey’s crude oil imports.

The share of Iran in Turkey’s crude oil imports in the 5 countries from which Turkey imported mostly crude oil rose from 23.33 to 50.93 percent in the first 7 months this year.

In this period, the crude oil imports from Saudi Arabia were 1 million 143 thousand tons, 1 million 80 thousand tons from Kuwait and 596 thousand tons from Russia. So Iran raised the country position from where Turkey imported most the crude oil by leaving behind Iraq.

According to the oil report from Turkey’s Energy Market Regulatory Authority, last year the most crude oil imports were made from Iraq with 9 million 251 thousand tons, this followed by Iran with 6 million 939 thousand tons, Russia with 3 million 234 thousand tons, Kuwait with 2 million 527 thousand tons and Saudi Arabia with 2 million 168 thousand tons respectively.Last year, Turkey’s total crude oil imports were 24 million 957 thousand tons.

#Turkiye, #Iran, #Ranks, #Crude Oil Imports

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