Buyer of Russian gas reduces purchases to twenty-year low

Türkiye has reduced purchases of Russian gas to a minimum due to strong hydroelectric power generation. Interfax reports this with reference to Eurostat data.

Türkiye imported 2.756 billion cubic meters of gas in August, down 31 percent from a year earlier. Indicators for the last summer month fell to their lowest level in the last 18 years, since the crisis of October 2008. In total, since the beginning of the year, the buyer of Russian fuel has reduced imports by three percent, to 36.508 billion cubic meters.

Strong hydroelectric output this year continues to help Turkey avoid unnecessary costs of importing expensive gas. Another factor in the decrease in purchases was the moderate weather: the air temperature approached the climate norm, and in the absence of heat, residents were able to spend less energy on cooling the air.