Turkey’s Dependency on Iranian Oil Exceed daily 75,000 Barrels in October

The latest trade data showed that Turkey has imported over 75,000 barrels of crude oil from Iran per day in October irrespective of the western oil embargo against Tehran.

A report by Reuters said on Friday that Turkey’s crude oil imports from Iran reached 75,281 barrels per day (bpd) in October, and Iran is now the third crude supplier to Turkey.

The report said that Iraq was Turkey’s biggest crude supplier in October with 105,000 bpd while Russia came second with 103,248 bpd and imports from the Islamic Republic stood third.

Turkey’s sole refiner Tupras imported a total of 417,202 bpd of crude oil in October.

The report came after Turkish Energy Minister Taner Yildiz stressed Turkey’s opposition to unilateral sanctions against Iran.

Yildiz stated on Thursday that Turkey is a member of the United Nations and while complying with UN decisions, it does not abide by unilateral sanctions imposed by other countries.

He also emphasized the importance of oil and gas imports from Iran to Turkey, saying that Ankara reviews decisions that are against Turkey’s interests with more precision.

Since the beginning of 2012, the United States and the European Union have imposed illegal sanctions on Iran’s oil and financial sectors with the goal of preventing other countries from purchasing Iranian crude and conducting transactions with the Central Bank of Iran. The sanctions entered into force in early summer 2012.

On October 15, the EU foreign ministers reached an agreement on another round of sanctions against Iran.

The illegal US-engineered sanctions have been imposed based on the unfounded accusation that Iran is pursuing non-civilian objectives in its nuclear energy program.

Iran says its nuclear activities are entirely peaceful, arguing that as a committed signatory to the nuclear Non-Proliferation Treaty (NPT) and a member of the International Atomic Energy Agency (IAEA), it has the right to use nuclear technology for civilian purposes.