 Turkey energy imports plunged by 28% in 2016 February 2, 2017 - 13:49 AMT PanARMENIAN.Net - Turkey's energy imports fell by 28.2 percent in 2016 compared to 2015, Anadolu Agency reported citing TurkStat data. The data showed that Turkey's overall imports in 2016 amounted to $198.6 billion in comparison to $207.23 billion in 2015. The country aims to increase the share of local resources such as coal and renewables in its energy mix and has recently speeded up steps towards this goal to decrease its energy import bill. Therefore, the country's energy import bill decreased gradually. In 2015, with low oil prices, Turkey’s energy import bill totaled $37.8 billion, compared to $54.9 in 2014 and $55.91 in 2013. Turkey, as an import-dependent country for energy, imports over 90 percent of its crude oil needs. In the Turkish Development Ministry's recently released mid-term program for 2017-2019, Turkey's energy imports are predicted to further decrease. Crude oil imports saw a decrease last year compared to 2015. Crude oil imports in 2016 realized 24.95 million tonnes as opposed to 25.06 million for 2015, showing a 0.4 percent decline.   Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads.   Partner news |  Latest news Erdogan wants “realistic road map” for relations with Armenia  Turkish President Recep Tayyip Erdogan has called for a “new realistic road map” for relations with Armenia.Armenia-Azerbaijan: Experts launch work on determining coordinates Expert groups from the countries started the process of determining the coordinates based on geodetic measurements.Yerevan says did not expect CSTO in peacekeeping role Pashinyan has declared that the CSTO would be expected to come to the Armenia-Azerbaijan border as an ally of ArmeniaHenrikh Mkhitaryan wins Serie A title with Inter Inter Milan midfielder Henrikh Mkhitaryan admits that the team have long been imagining clinching Serie A against AC Milan. |
