Tuesday 16 September 2014
 
»
 
»
Story

Turkey sees Iran crude imports down 30pc

Tehran, December 1, 2012

Turkey's crude oil imports from Iran fell more than 30 per cent to 75,281 barrels per day (bpd) in October from September, as substitute oil from other suppliers including Iraq and Saudi Arabia rose more, said official trade data.

Iraq was Turkey's biggest crude supplier in October with 105,000 bpd while Russia came second with 103,248 bpd. Imports from the Islamic Republic which was once supplying more than 60 percent of Turkey's crude requirement came third.

Turkey was granted a waiver on Iranian oil by the United States for 180 days from June 11 after Ankara made an initial 20 percent import cut before sanctions came into effect.

Energy Minister Taner Yildiz said in October that Turkey expected the exemption to continue after December.

Turkey's sole refiner Tupras imported a total of 417,202 bpd of crude oil in October.-Reuters




Tags: Iran | Turkey | oil imports |

More Energy, Oil & Gas Stories

calendarCalendar of Events

Ads