Tag: Iran

Turkey’s crude oil imports from Iran dropped by over 70 % in June – Turkey, 20 August 2018

Turkey’s crude oil imports from Iran decreased by some 71 % in June before US sanctions targeting the Iranian energy sector take effect in November this year. While Turkey imported 930,978 tons of crude oil from Iran in May, the amount fell to 287,842 tons in June. A significant part of the difference was compensated […]

Iran is still top crude oil exporter to Turkey – Turkey, 30 May 2018

According to the data from Turkish Energy Market Regulatory Authority (EPDK), Iran remained Turkey’s biggest crude oil exporter in the first quarter of 2018, despite the fall of Turkey’s oil imports from Iran. Turkey’s crude oil imports from Iran decreased by 20 % to 2.1 million tons in the first three months of 2018, compared […]

Iran has fully settled gas export debt to Turkey – Turrkey, 6 February 2018

Managing Director of the National Iranian Gas Company (NIGC) Hamid Reza Araghi said that Iran paid full compensation in the amount of 1.9 billion dollars to Turkey through the provision of 8 billion cubic meters of natural gas. Araghi said in a statement that Iran’s debt has now be fully settled, and from 5 February […]