Gas Exports from Azerbaijan to Turkey Increased by 34%

In August 2020, Turkey imported 986 million cubic meters (mcm) of natural gas from Azerbaijan

According to a report from the Turkish Energy Market Regulatory Authority, this is 34.2% more than the same period last year.

Azerbaijan ranked second (29.4%) in Turkey’s total gas imports.

The leader in export is Russia (1.37 bcm), and Iran is in third place (406 mcm). Compared to last year, the volume of natural gas imports from Russia decreased by 5.5%, and from Iran increased by 2.5 times.

In August, the total volume of gas imports to Turkey increased by 6.4% – up to 3.35 bcm, while 2.76 bcm or 82.4% were imported by pipelines, and 591 mcm or 17.6% came from LNG. 

During the reporting period, the volume of gas imported by pipelines decreased by 17.8%, while LNG purchases – by 26.1%.

It should be noted that from March to August this year, Azerbaijan ranked first in Turkey’s total gas imports (in July, the market share was 46.09%).