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    Iran Doubles Gas Imports from Turkmenistan: Opec

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Summary

Russia cut its imports from Turkmenistan by 6.4bn m3 in 2014 to about 4bn m3 in 2015 while Iran doubled its imports from there.

by: Azerbaijan desk

Posted in:

Natural Gas & LNG News, Corporate, Import/Export, Political, Intergovernmental agreements, Caspian Focus, News By Country, Azerbaijan, China, Iran, Kazakhstan, Russia, Turkmenistan

Iran Doubles Gas Imports from Turkmenistan: Opec

Russia cut its imports from Turkmenistan by 6.4bn m3 in 2014 to about 4bn m3 in 2015 while Iran doubled its imports from there, according to Opec’s annual statistical bulletin.

Turkmenistan produced 80.162bn m3 last year, 8.1% more than the previous year, while its exports declined slightly to 45.8bn m3. Domestic demand rose by 3.2% to more than 35.294bn m3.

Turkmenistan exported gas to Iran, Russia and China in 2015, but Gazprom stopped importing from Turkmenistan completely in early 2016.

Caspian littoral states in 2015: selected data (bn m3):

Country

Commercial gas output

Y/Y change

Exports

Y/Y change

Demand

Y/Y change

Azerbaijan

19.365

+3.9%

8.14

0.9%

11.575

+3.7%

Russia

637.386

–0.9%

196

+1.9%

415.4

+1.5%

Kazakhstan

21.157

+5%

11.978

+1%

15.7

+1%

Turkmenistan

80.162

+8.1%

45.804

-0.1%

35.3

+3.2%

Iran

226.673

+6.5%

8.541

+2.2%

184.4

+5.9%

Source: Opec

 

Azerbaijan desk