Turkey's energy import bill down by 7%

Energy import bill decreased by 7 percent in 2012, falling to US$55.9 billion from US$60.1 billion

Turkey's energy import bill down by 7%
World Bulletin / News Desk
 
Turkey's energy import bill decreased by 7 percent in 2012, falling to US$55.9 billion from US$60.1 billion. 

Russia has become Turkey's biggest natural gas supplier, importing more than half of its annual 45 billion cubic meters from Russia's energy giant Gazprom.

Gazprom sold 162.7 billion cubic meters of natural gas to Europe last year, out of which 26.6 billion cubic meters, 16 percent, was sold to Turkey.

In 2013, Turkey ran a foreign trade deficit of US$99.78 billion, up by 18.7 percent from the year earlier, according to the national statistics agency, TurkStat.

The export to import ratio, which was 64.5 percent in 2012, was 60.3 percent in 2013.

Last Mod: 04 Şubat 2014, 13:31
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