Türkiye’s natural gas imports surge by 17.94% in July

Türkiye’s natural gas imports increased significantly in July, rising by 17.94% compared to the same month last year, according to data released by the Energy Market Regulatory Authority (EPDK).

The country imported approximately 3.574 billion cubic meters of natural gas during the month.

Of the total imports, 3.105 billion cubic meters were delivered via pipelines, while 468 million cubic meters were sourced through liquefied natural gas (LNG) facilities.

Russia remained the largest supplier, providing 1.482 billion cubic meters of natural gas, followed by Azerbaijan with 1.004 billion cubic meters and Iran with 619 million cubic meters. Türkiye also imported 468 million cubic meters of LNG from Algeria in July.

Türkiye’s overall natural gas consumption for July also saw an increase of 9.49% year-on-year, totaling 3.288 billion cubic meters. The industrial sector’s consumption rose by 13.59%, reaching 1.052 billion cubic meters, while consumption at power plants grew by 15.33%, hitting 1.334 billion cubic meters.

However, residential natural gas consumption experienced a decline, decreasing by 6.41% to 339 million cubic meters during the same period.

In contrast, Türkiye’s natural gas storage levels saw a significant decrease, dropping by 24.45% compared to July 2023. The total storage volume stood at approximately 3.810 billion cubic meters, with 3.480 billion cubic meters stored in underground facilities and 329 million cubic meters stored in LNG terminals. (ILKHA)