Home News Natural gas imports down more than 7 pct in Turkey

Natural gas imports down more than 7 pct in Turkey

542
0

Natural gas imports down more than 7 pct in Turkey

According to the news of Hürriyet Daily News, Turkey’s natural gas imports decreased by 7.4 percent in September compared to the same month of 2018, Anadolu Agency reported, citing data from the country’s energy watchdog EPDK.

Imports decreased to 3.04 billion cubic meters (bcm) in September from 3.28 bcm in September 2018, the EPDK said in its monthly natural gas market report.

The country imported 2.47 bcm of natural gas via pipeline, while 0.57 bcm was purchased as LNG in September, EPDK data show.

Turkey’s total gas consumption decreased by 20.4 percent to around2.63 bcm this September from around 3.30 bcm in September 2018.

The amount of natural gas in storage decreased by nearly 1.2 percent to 3.24 bcm in September this year from 3.28 bcm in September last year.

Gas production increased to 37.2 million cubic meters (mcm) over the same period, up from 36.5 mcm in September 2018.

In 2018, Turkey imported 50.4 billion cubic meters of natural gas, an 8.85 percent decline from the previous year.

Russia was Turkey’s largest supplier of natural gas last year, with a 46.95 percent share in the country’s total imports.

In 2018, Turkey consumed 49.3 bcm of natural gas, less than the initial estimate of 54.5 bcm for last year.

As of end-2018, companies with licenses to distribute natural gas served a total of 14.8 million subscribers across the country, an 8.7 percent increase from the previous year.


Source: Hürriyet Daily News / link: http://www.hurriyetdailynews.com/natural-gas-imports-down-more-than-7-pct-149138
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.


Previous articleGross domestic expenditure on R&D increased 8 billion 678 million in Turkey
Next articleEconomic confidence index increased by 1.7% in November to 91.3

LEAVE A REPLY

Please enter your comment!
Please enter your name here