Turkiye’s Natural Gas Import Dynamics: 5.3% Decrease in March Imports, 7.4% Surge in Household Consumption

Turkiye’s natural gas imports decreased by 5.3% in March compared to the same month last year, totaling approximately 4.317 billion cubic meters.

According to the Energy Market Regulatory Authority’s “Natural Gas Market Sector Report” for March, 3.075 billion cubic meters of imports were made through pipelines, while 1.242 billion cubic meters were through liquefied natural gas (LNG) facilities.

Total natural gas imports declined by 5.3% to approximately 4.317 billion cubic meters compared to the 4.557 billion cubic meters recorded in March of last year.

In March, the highest natural gas imports, totaling 1.806 billion cubic meters, were from Russia, followed by Azerbaijan with 1.020 billion cubic meters and Iran with 247.05 million cubic meters. During this period, 518.076 million cubic meters of LNG were imported from Algeria.

Gas consumption in households increased by 7.4% Total natural gas consumption in the country approached 5.960 billion cubic meters in March, registering a 5.4% year-on-year increase.

Natural gas consumption in the industrial sector increased by 13.7% to 1.170 billion cubic meters. Gas consumption in power plants decreased by 6.5% to 996.044 million cubic meters.

Natural gas consumption in households increased by 7.4% in March, reaching 2.945 billion cubic meters.

Natural gas stock decreased Turkiye’s natural gas stock decreased by 1.6% in March compared to the same month last year, totaling approximately 4.141 billion cubic meters.

Approximately 3.768 billion cubic meters of natural gas stock is stored in underground storage facilities, while 372.063 million cubic meters are in LNG terminals.

Source: Trthaber / Prepared by Irem Yildiz

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