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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
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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