Between neighbours, where Turkey meets crude oil needs, imports from Iraq in period of January-July 2017 decreased gradually, while Iran became leading country to cooperate in procurement. According to information compiled by Energy Market Regulatory Authority (EPDK), top 5 countries that Turkey imports most crude oil are listed as Iran, Iraq, Russia, Saudi Arabia and Kuwait. Last year, most crude oil imports were carried out in Iraq. In January-July this year, amount of crude oil imported from Iraq in Turkey decreased by 20.5 per cent compared to same period last year, declining to 4 million 332 thousand tonnes. In same period last year from Iraq, 5 million 453 thousand tonnes of crude oil were imported. Turkey's crude oil imports from Iran in January-July period increased by 142 per cent to 7 million 426 thousand tonnes compared to same period last year. Crude oil imports from Iran in same period last year were recorded as 3 million 64 thousand.
Iran's share rises to 51 per cent Among 5 countries in which Turkey imports most crude oil, Iran's share increased from 23,33 percent to 50,93 percent compared to same period last year in 7 months. In January-July period, 1 million 143 thousand tonnes from Saudi Arabia, 1 million 80 thousand tonnes from Kuwait and 596 thousand tonnes of crude oil imports from Russia were made. Iran, thus leaving Iraq, which was first in last year, Turkey's most crude oil supply to country's position. According to EPDK's 2016 oil market report, most crude oil imports last year were made of 9 million 251 thousand tonnes of Iraq, with 6 million 939 thousand tonnes of Iran, 3 million 234 thousand tonnes of Russia, 2 million 527 thousand tons of Kuwait and 2 million 168 thousand tonnes of Saudi Arabia He watched. Last year, Turkey's total crude oil imports reached 24 million 957 thousand tonnes.