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wrought by the pandemic effects.
Turkey imported 45.2bn cubic metres (bcm) of natural gas in 2019, marking a 10% y/y decline, data from the energy market regulator, EPDK, have shown.
Russian remained Turkey’s largest supplier with a 34% share of the market, followed by Azerbaijan with 21% and Iran with 17%.
Some 72% of all natural gas was transferred through pipelines while the market share of liquefied natural gas (LNG) was 28%. In the LNG category, Algeria was the largest supplier with 5.7bcm while Nigeria came second with 1.2bcm.
The country’s natural gas exports, mostly to Greece and Bulgaria, increased by 13% to 762mn cubic metres.
The EPDK data also showed that natural gas consumption in Turkey dropped 8% to 45.3bcm in 2019 compared with the previous year.
Residential units’ consumption accounted for some 32% of all gas consumption last year while the share of electricity power plants was 21 % or 9.3bcm, representing a sharp 41% decline from 2018.
9.1.2 Automotive sector news
Automakers in Turkey manufactured a total of 63,000 vehicles in May, marking a stark 53.7% decline from a year ago, data from the Automotive Manufacturers’ Association (OSD) have shown.
Passenger car output dropped more than 55% to 43,000 units.
Some 33,000 vehicles were, however, sold on the local market, a figure that was only 2.1% lower compared with May last year. Passenger car sales saw a 7.6% y/y contraction to 25,000 units.
Also in May, the automakers export revenues nosedived 57% y/y to $1.2bn while export revenues from passenger car shipments fell by 54% y/y to $460mn.
The OSD data, moreover, showed that passenger car imports inched up 2% y/y to 14,000 units with total vehicle imports remaining almost unchanged from a year ago at 17,000 units.
In the first five months of this year, Turkey’s auto production declined by 34% y/y to 415,000 units while passenger car output fell by 31% y/y to 288,000 units.
Vehicle sales increased by 21% y/y in January-May to 189,000 units. Passenger car sales amounted to 147,000 units, marking a 22% rise on annual basis.
May brought a 2.4% sales decline for passenger cars and LCVs combined, with a total of 32,235 units sold.
Passenger car and light commercial vehicle (LCV) sales in Turkey climbed by 20.1% y/y in the January-May period to 183,095 units, the Turkish Association of Automotive Distributors (ODD), said June 2.
Passenger car sales were up 21.7% to 146,528 units, whereas LCV sales increased by 13.9% to 36,567 units.
59 TURKEY Country Report July 2020 www.intellinews.com
