Finance

Turkey’s oil imports increase in February

Turkey’s total imports of petroleum and petroleum products increased by 0.6 percent in February compared to the same month of the previous year and reached 3 million 225 thousand 886 tons.

According to the “Petroleum Market Sector Report” of the Energy Market Regulatory Authority (EMRA) for February, the import of crude oil, which constitutes the largest item in Turkey’s total oil imports, decreased by 14 percent to 2 million 17 thousand 437 tons.

In this period, the import of diesel types increased by 26.4 percent and was recorded as 848 thousand 269 tons. Fuel-oil types, aviation and marine fuels made up the remaining part of the imports.

Thus, total imports increased by 0.6 percent in February compared to the same month of the previous year and became 3 million 225 thousand 886 tons.

The largest import of crude oil and petroleum products was made from Russia with 1 million 615 thousand 551 tons, followed by Iraq with 610 thousand 216 tons and Kazakhstan with 362 thousand 341 tons.

On the other hand, sales of gasoline types increased by 11.8 percent compared to the same month of the previous year and became 257 thousand 89 tons, and diesel types sales decreased by 2 percent to 1 million 780 thousand 226 tons.

Total petroleum products sales increased by 1 percent and were recorded as 2 million 344 thousand 38 tons.

Exports of petroleum products decreased by 3.9 percent

Turkey’s aviation fuel exports increased by 4 percent in February compared to the same month of the previous year, reaching 300 thousand 463 tons.

In the said period, the export of marine fuels decreased by 42.6 percent to 79 thousand 623 tons.

Exports of gasoline types decreased by 89.9 percent and were recorded as 6 thousand 821 tons, while exports of diesel types increased by 114 percent and were recorded as 251 thousand 721 tons.

When other products in the oil market are added, total exports decreased by 3.9 percent and were calculated as 814 thousand 769 tons.

The production of diesel types decreased by 10.9 percent compared to the same month of the previous year and became 1 million 76 thousand 264 tons, the production of gasoline types decreased by 20.1 percent to 241 thousand 85 tons, and the production of aviation fuels increased by 24.9 percent to 382 thousand 404 tons. .

Marine fuel production decreased by 37.2 percent to 102 thousand 795 tons. Total refinery petroleum products production with other fuel types decreased by approximately 16.8 percent and became 2 million 250 thousand 200 tons.

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