Turkey's oil imports up 6.1% in July 2020
WORLD ECONOMY

Turkey's oil imports up 6.1% in July 2020

Output of oil refinery products decreases by 11.5% to 2.8 million tonnes in July 2020

News Service AA

Turkey's total oil imports increased by 6.1% to 4.3 million tonnes in July this year compared to the same month last year, according to data of Turkey's energy watchdog on Friday.

Crude oil imports, the category with the highest oil import volume, increased by 7.6% during that period to 3.09 million tonnes, Turkey's Energy Market Regulatory Authority (EMRA) said in its monthly oil market report.

In July 2020, Turkey imported the highest amount of crude from Iraq at 1.04 million tonnes. Russia and Nigeria followed with 975,275 tonnes and 713,896 tonnes, respectively.

Oil refinery product output decreased by 11.5% to 2.8 million tonnes this July. While diesel production was down 22.4% to 1.6 million tonnes, gasoline production decreased by nearly 25.7% to 338,971 tonnes.

Total domestic oil product sales in July increased by 4.4% to 2.9 million tonnes compared to the same month of 2019.

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