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Turkey's natural gas imports fall 6.19% in June to 3.06 bcm

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Turkey's natural gas imports fall 6.19% in June to 3.06 bcm

Turkey's natural gas imports fell 6.19 percent year-on-year in June to approximately 3.06 billion cubic meters, according to the Energy Market Regulatory Authority. Pipeline deliveries accounted for 2.777 bcm and LNG terminals for 282 mcm, while total consumption rose 4.59 percent to 2.83 bcm.

Pipeline Imports

In June, Turkey imported 2.777 bcm of natural gas via pipelines and 282 mcm through LNG terminals, according to EPDK's June Natural Gas Market Sector Report. Azerbaijan was the largest pipeline supplier at 1.012 bcm, ahead of Iran at 883 mcm and Russia at 882 mcm. Algeria accounted for the entire LNG volume of 282 mcm.

Domestic Consumption

Turkey's total natural gas consumption rose 4.59 percent year-on-year in June to about 2.83 bcm. Industry consumed 1.088 bcm, while the transformation and conversion sector, including electricity generation, used 594 mcm. Household consumption stood at 710 mcm for the month, according to EPDK data.

Gas Stocks

Turkey's natural gas stocks stood at 5.266 bcm at the end of June. Underground storage facilities held 4.970 bcm, while LNG terminals held 296 mcm. The Energy Market Regulatory Authority published the breakdown in its June sector report.

What's Next

The next monthly gas market report is expected to clarify July import and consumption trends. It remains unclear whether the June decline in imports and rise in consumption will continue into the third quarter.

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Turkey's natural gas imports fall 6.19% in June to 3.06 bcm