Natural gas exports from Iran to Turkey have stopped
Following Israel's attack on the South Pars gas field, Iran has temporarily cut off natural gas flow to Turkey. While this development has caused concern in Turkey's energy market, it is reported that gas supply from other main suppliers continues.
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It has been learned that Iran has stopped natural gas shipments to Turkey following Israel's attack last week on the giant natural gas field located in the southeast, South Pars.
While approximately 14 percent of Turkey's natural gas consumption is supplied by Iran, the effects of this sudden interruption have begun to be closely monitored.
According to reports from the Turkish Natural Gas Distributors Association, a significant portion of Turkey's total natural gas needs in 2025 was met by neighboring Iran. However, Iranian officials have not yet made a clear statement regarding when gas flow will return to normal.
Industry sources speaking to Bloomberg stated that Turkey continues to supply gas from Russia and Azerbaijan and that current storage capacity is sufficient. Minister of Energy and Natural Resources Alparslan Bayraktar had reminded in a statement last November that Turkey's total natural gas storage capacity had reached 6.3 billion cubic meters. It is noted that Turkey's average daily natural gas consumption in March is 230 million cubic meters.
ATTACKS CAUSED FLUCTUATIONS IN ENERGY MARKETS
The attack carried out by Israel on March 18 caused it to target not only Iran but also globally significant energy facilities such as Ras Laffan in Qatar. As Tehran retaliated to this move, activity in oil and gas markets escalated.
While prices in gas futures in Europe reached their highest levels in the last three years, there has been an average increase of 70 percent compared to pre-war levels. Experts emphasize that any development affecting energy lines in the Middle East has a direct impact on global markets.
For Iran, the South Pars field is a key point for both the country's domestic electricity production and natural gas exports abroad. It is reported that after the attack, there were interruptions in Iran's natural gas shipments not only to Turkey but also to Iraq, although the flow to Iraq partially resumed after a while.
In past years, Iran had restricted gas supply to Turkey during certain periods for technical reasons, especially due to increased domestic demand in winter months. The latest incident has once again revealed how important geopolitical risks in the region are in long-term energy planning.