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Iran Remains Top Oil Exporter to Turkey in 1st Q

Source: Fars News Agency, Tehran

Iran stood atop the list of oil exporters to Turkey in the first quarter of 2011, the latest report of Turkey's Energy Market Regulatory Authority announced on Monday.

Turkey's Energy Market Regulatory Authority (EMRA) released its oil market report for the first quarter of 2011 today, and said Iran was the main country from where Turkey imported oil in the period.

"Turkey imported 6 million tons of oil in the first quarter of 2011, including 1.8 million tons from Iran," the report said, adding that Iraq and Russia followed Iran as top exporters to Turkey.

Some 4.2 million tons of the overall 6 million tons of oil imports was crude oil, 1.4 million tons was diesel oil, 135,379 tons was fuel oil, 56,471 tons was jet fuel, 53,225 tons was 95 octane unleaded gasoline, and 2,082 tons was aviation fuel.

Iran's share in Turkey's oil imports amounted to 30 percent, whereas Iraq and Russia followed by 12 and 11 percent, respectively.

Iran and Turkey have in recent years increased their cooperation in all the various fields of economy, security, trade, education, energy and culture.

The two sides have exchanged several politico-economic delegations during the last few months.

Iranian Economy Minister Seyed Shamseddin Hosseini announced in April that Turkey had replaced Britain as Tehran's fourth trade partner.

"We are very pleased that Turkey has replaced Britain as Iran's fourth economic partner," Hosseini said in a meeting with Turkish State Minister Hayati Yazichi last month.

... Payvand News - 05/30/11 ... --

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