Iran's Gas Exports to Turkey Surge; Tehran's Share Reaches 33%

At a glance: Decline in gas imports and consumption: In August, Turkey's total natural gas imports and consumption fell 32.7% and 22%, respectively, and supplies from Russia and Azerbaijan dropped sharply. Surge in Iran's gas exports: Against the market's downward trend, Iran's gas exports grew 9.1% [...]

Drop in gas import and consumption: In August, Turkey's total import and consumption of natural gas decreased by 32.7 and 22 percent, respectively, and the supply from Russia and Azerbaijan faced a sharp drop.

Iran's gas export jump: contrary to the downward trend of the market, Iran's gas export reached 916.3 million cubic meters with a growth of 9.1%, so that Iran's share of the total gas import of Turkey increased to 33%.

The growth of imports and the fall of oil exports: Turkey's oil and oil products imports increased by 2.3% and reached 4.5 million tons, but the country's total oil exports fell by 34.8%.

According to the data of the Energy Regulatory Organization, Turkey's natural gas import in August decreased by 32.7% compared to the same period last year and reached about 2.8 billion cubic meters. However, the import of crude oil and petroleum products increased by 2.3% and reached 4.5 million tons.

According to Turkey Today, contrary to the decrease in Turkish gas imports, Iran's gas exports to Turkey through the pipeline reached 916.3 million cubic meters with an increase of 9.1% compared to last year. This country accounts for 33% of the total import of natural gas, which has increased compared to 20.4% last year.

Azerbaijan ranked second among pipeline suppliers with the export of 752.4 million cubic meters of gas, which decreased by 28.2% compared to August 2025. Russia's gas supply faced a much sharper decline and reached 723.1 million cubic meters with a 60.6% decrease, and Russia's share of total imports decreased from 44.5% to 26.1%.

Türkiye also imported 383.8 million cubic meters of liquefied natural gas (LNG) from Algeria, which has increased by 28.5% compared to last year. The United States, which exported 100.5 million cubic meters of natural gas to Turkey in August 2025, recorded no natural gas exports to Turkey in August 2026.

Turkey's natural gas consumption in August decreased by 22% compared to the same period last year and reached about 2.7 billion cubic meters.

Industry accounted for 1.1 billion cubic meters of consumption, while the transformation sector, including power generation, consumed 886 million cubic meters. The consumption of the residential sector also reached 326 million cubic meters.

At the end of August, Türkiye had 5.8 billion cubic meters of natural gas in its reservoirs. 5.5 billion cubic meters of this amount were stored in underground facilities and 304 million cubic meters in LNG terminals.

An increase in oil imports and a 35% decrease in exports

Türkiye's crude oil and oil products imports reached 4.5 million tons in August with a 2.3% increase compared to last year. Crude oil imports decreased by 1.1% to 2.8 million tons, while diesel imports increased by 9% to 1.2 million tons.

Russia with 1.3 million tons, Iraq with 553,812 tons and Saudi Arabia with 335,622 tons were the top suppliers.

Domestic gasoline sales increased by 10.7% to 634,346 tons, total petroleum product sales increased by 5.3% to 3.4 million tons, and diesel sales increased by 4.4% to 2.6 million tons.

Oil exports decreased by 34.8% to 793,364 tons. Aviation fuel exports decreased by 18.2 percent to 527,263 tons, while diesel exports decreased by 88.7 percent to 25,778 tons. Marine fuel exports increased by 4.1% to 61,435 tons and gasoline exports increased by 10.4% to 10,126 tons.