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Turkey Energy

Turkish Energy The rapid economic growth that has characterized Turkey in recent years has produced a significant increase in demand for energy. The Turkish energy mix consists of production sources such as coal, oil, natural gas, hydroelectricity, and other renewables. This composition makes Turkey a net importer and renders it depend- ent on foreign supplies, given that only a small part of the demand is met from internal resources. Oil 25 Production thousand barrels/day 773 Imports thousand barrels/day 670 Consumption thousand barrels/day 128 Exports thousand barrels/day 2012 Natural gas 0.61 Exports billion cubic metres 45.10 mports billion cubic metres Consumption 44.44 billion cubic metres 0.62 Production thousand barrels/day 2012 Main energy partners Turkey imports almost all of the oil consumed (90 percent) and the majority of the gas consumed (98 percent). Crude oil comes mainly from: Iran (35 percent), Iraq (17 percent), Saudi Arabia (13 percent), Russia (10 per- cent), Kazakhstan (7 percent). In 2012, 56 percent of the volume of natural gas imported in Turkey came from Russia, another 18 percent came from Iran and a sizable share originated from Azerbaijan. LNG (which according to the EIA represented 16 percent of the total gas supply in 2012) comes from five countries: Alge- ria (52 percent), Nigeria (17 percent) and (31 percent divided between) Qatar, Egypt and Norway. Turkey crude oil supply mix, 2012 17% Iraq 10% Turkey Production 10% Russia 7% Africa 2012 35% 13% 1% Iran Saudi Arabia Kazakhstan Other Turkey natural gas supply mix, 2012 18% Iran 8% Azerbaijan 1% Turkey Production 2012 56% 16% 1% Russia LNG Other Sources: Eni / International Energy Agency /U.S. EIA / Eurostat © 2014 ABO

Turkey Energy

shared by AboutOil on Oct 10
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Infographic showing how the demand for energy has increased in Turkey in 2012 due to the rapid economic growth and the shares of oil and gas imports.

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Economy
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