Türkiye’s oil imports up 5.15% in July, totaling 4.3M tons
A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. (Reuters Photo)
Türkiye’s total crude oil and petroleum product imports increased by 5.15% year-on-year in July, reaching 4.33 million tons.
According to the Energy Market Regulatory Authority’s (EPDK) “Petroleum Market Sector Report” for July, crude oil, which constitutes the largest share of Türkiye’s total oil imports, saw an increase of 8.19%, totaling 2.62 million tons.
During this period, diesel imports decreased by 1.33% to 1,250,026 tons. The remaining imports consisted of aviation and marine fuels, gasoline, fuel oil, and other products.
Thus, total imports increased by 5.15% in July compared to the same month last year, amounting to 4,335,611 tons.
The highest imports of crude oil and petroleum products came from:
- Russia: 1.58 million
- Iraq: 387,115 tons
- Kazakhstan: 214,847 tons
Meanwhile, domestic gasoline sales in July increased by 8.87% compared to the same month last year, reaching 461,469 tons, while diesel sales decreased by 11.91% to 2.33 million tons.
Total petroleum product sales recorded a decrease of 8%, totaling 2.98 million tons.
| Category | July 2023 Data | Year-on-Year Change |
|---|---|---|
| Total Oil Imports | 4,335,611 tons | +5.15% |
| Crude Oil Imports | 2,615,090 tons | +8.19% |
| Diesel Imports | 1,250,026 tons | -1.33% |
| Gasoline Sales | 461,469 tons | +8.87% |
| Diesel Sales | 2,338,059 tons | -11.91% |
| Total Petroleum Product Sales | 2,967,659 tons | -8% |
| Aviation Fuel Exports | 538,318 tons | +13.86% |
| Marine Fuel Exports | 165,177 tons | +48.4% |
| Gasoline Exports | 13,219 tons | +66.7% |
| Diesel Exports | 31,019 tons | -33.3% |
| Total Petroleum Exports | 1,145,231 tons | +13.5% |
| Diesel Production | 1,355,874 tons | +3.33% |
| Gasoline Production | 471,173 tons | +6.26% |
| Aviation Fuel Production | 620,238 tons | +10.32% |
| Marine Fuel Production | 141,010 tons | +48.9% |
| Total Refinery Production | 3,264,777 tons | +3.5% |
Petroleum product exports increase
In July, Türkiye’s petroleum market exports increased by 13.5% year-on-year, reaching 1.15 million tons, driven by significant growth in aviation and marine fuels.
- Aviation fuel exports rose by 13.86% to 538,318 tons.
- Marine fuel exports surged by 48.4% to 165,177 tons.
- Gasoline exports increased by 66.7% to 13,219 tons.
- Diesel exports fell by 33.3% to 31,019 tons.
Production increases
In July, Türkiye’s total refinery petroleum product production rose by approximately 3.5% year-on-year, reaching 3,264,777 tons, driven by significant increases in diesel, gasoline and aviation fuel production.
- Diesel production increased by 3.33% to 1.36 million tons.
- Gasoline production rose by 6.26% to 471,173 tons.
- Aviation fuel production grew by 10.32% to 620,238 tons.
- Marine fuel production surged by 48.9% to 141,010 tons.
