Türkiye’s oil imports down 2.3% in November 2024

by Anadolu Agency

​​​​​​​Türkiye’s total oil imports decreased by 2.3% to 4.05 million tons in November 2024 compared to the same month in 2023, according to recent data released by the country’s energy watchdog on Thursday.

Crude oil imports, the category with the highest oil import volume, declined by 12.4% in November 2024 to 2.59 million tons, the Energy Market Regulatory Authority (EMRA) said in its monthly report.

Türkiye imported the majority of its crude oil and oil product needs from Russia in November 2024, totaling 2.61 million tons. Iraq and Kazakhstan followed with 647,919 tons and 208,428 tons, respectively.

Oil refinery product exports decreased by 19.3% to 1.07 million tons.

Additionally, domestic oil product sales increased by 2.3% year-over-year in November 2024 to 2.78 million tons.

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