Iraq ranks first among Turkey's oil imports

Thursday, May 22, 2014

Energy Market Regulatory Authority said Iraq's share in Turkey's oil imports surged from 19 percent to 32 percent in 2013

Energy Market Regulatory Authority said Iraq's share in Turkey's oil imports surged from 19 percent to 32 percent in 2013

ANKARA - Iraq ranked the first among countries where Turkey imports oil from in 2013 with 32 percent, said Energy Market Regulatory Authority on Thursday.

According to the Regulatory Authority's 2013 Oil Sector Report, Iraq's share in Turkey's oil imports surged from 19 percent to 32 percent in 2013.

On the other hand, Iran's share decreased from 39 to 28 percent and Russia's share decreased from 11 to 8 percent.

In addition, the report said that Turkey's oil imports decreased by 4.8 percent compared to 2012. 

Eleven percent of Turkey's oil needs were met through the country's local extraction, while the rest was imported from Iraq, Iran, Russia, Saudi Arabia, Kazakhistan and Libya in 2013.

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