Turkey's Energy Import Bill Down 27.5% in March 2020

Turkey's energy import bill decreased by 27.5% to $2.73 billion in March this year compared to the same month of 2019, according to data released by the Turkish Statistical Institute on Thursday.

The data shows that Turkey's overall import bill, including energy and other items, totaled $18.81 billion in March, with energy accounting for 14.5% of the overall import figures. Although the overall energy import bill fell last month, the country increased its crude oil purchases.

The country's crude oil imports showed a nearly 7.2% rise compared to March 2019. Turkey imported approximately 2.68 million tons of crude oil last month, up from 2.50 million tons in March 2019.

(Anadolu Agency, 30 April, 2020)

EVENTS 15th South East Europe Energy Dialogue 3rd Tirana Energy Forum 1st Greek-Turkish Energy Forum Decarbonization Policies in South East Europe – between climate change and war

ADVISORY SERVICES Green Bonds

PUBLICATIONS The Greek Energy Sector 2023 South East Europe Energy Outlook 2021/2022 Long-Term Gas Contracting Terms, definitions, pricing - Therory and practice More

COOPERATING ORGANISATIONS IEA Energy Institute Energy Community Eurelectric Eurogas Energy Management Institute BBSPA AERS ROEC BPIE