Shale gas in China

Türkiye's natural gas imports declined by 7.64 percent in 2023 from the previous year, data from the Energy Market Regulatory Authority (EPDK) has shown.

Last year Türkiye bought 50.48 billion cubic meters of natural gas with Russia being the largest supplier. Russia's share in the country's natural gas import was 42.27 percent, said EPDK.

Türkiye imported a total of 50.48 billion cubic meters (bcm) of natural gas last year, down 7.64 percent from 2022, according to the data from the Energy Market Regulatory Authority (EPDK).

Türkiye, which has been working to reduce its dependency on imported energy, is now turning to extract large shale gas reserves estimated at 679 billion cubic meters.

As part of its efforts to diversify its energy resources, the country has already discovered 710 billion cubic meters of natural gas in the Black Sea and millions of barrels of oil in the southeastern Gabar region.

Türkiye imported 3.98 billion cubic meters of natural gas in April, down 2.1 percent from the same month of 2022, data from the Energy Market Regulatory Authority (EPDK) have shown.

Gas import via pipelines fell nearly 5 percent to 3.28 billion cubic meters, while the country's LNG purchase increased almost 14 percent from April last year to 698,000 cubic meters.

Türkiye is holding talks with Oman for natural gas trade, Energy and Natural Resources Minister Fatih Dönmez has said.
The minister recalled he engaged in diplomatic efforts for energy last month, visiting several countries amid the sharp increase in global energy prices.

Turkey will provide state support for a major project to develop the natural gas field it discovered in the Black Sea, according to a presidential decree published in the Official Gazette yesterday.

Turkish Petroleum (TPAO) project's investment value will be 145.1 billion Turkish Liras (approximately $10 billion) and the project period will be 11 years, according to the decree.

Natural gas imports increased to around 4.72 billion cubic meters (bcm) from approximately 2.63 bcm for the same month of 2020, Turkey's Energy Market Regulatory Authority (EMRA) said in its monthly natural gas market report.

Turkey's natural gas imports increased by 47.8 percent in March this year compared to the same month of 2020, according to the Turkish energy watchdog's data on May 28.

Turkey ranked as the seventh biggest gas-consuming country in the world with 47.7 billion cubic meters (bcm) of consumption last year, according to data of the Natural Gas Distribution Companies Association of Turkey (GAZBİR) on May 25.

Natural gas inflow to Turkey's gas network saw a year-on-year increase of around 6.38 percent to 50 billion cubic meters (bcm) in 2020, according to data from the Turkish Petroleum Pipeline Corporation (BOTAŞ).

In 2019, around 47 bcm of natural gas was carried through the Turkish natural gas system.