Turkey Cuts Crude Oil Imports by 13% in May—But Fuel Production and Sales Surge
oil
According to the May 2025 Petroleum Sector Report released by the Energy Market Regulatory Authority (EPDK), Turkey’s crude oil imports fell by 13.16% year-on-year, totaling 2.48 million tons. The decline comes amid broader shifts in domestic production and consumption trends.
Crude Imports Down, Refinery Output Up
Overall petroleum product imports dropped by 10.44%, landing at 3.97 million tons. Notably, diesel imports decreased by 3.5%, reaching 1.16 million tons.
Despite the import slowdown, refinery production increased by 1.87%, hitting 3.36 million tons:
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Diesel production surged 8.92% to 1.42 million tons
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Gasoline production rose 11.38% to 611,120 tons
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Jet fuel output soared 37.24%
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Marine fuel production plummeted 54.22% to 77,702 tons
Domestic Fuel Demand Rising
Domestic demand remained robust:
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Total fuel sales climbed 7.18% to 2.93 million tons
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Gasoline sales jumped 22.30%
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Diesel sales increased 5.63%
This trend suggests strong economic activity and transportation demand, especially ahead of the summer travel season.
Exports Tumble Despite Output Gains
On the export side, total petroleum product exports fell by 17.55%, totaling 1.28 million tons. The decline may reflect weaker international demand, inventory retention, or shifting trade dynamics amid global energy market volatility.
