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Home > Economy News > A game-changing picture in Turkey's oil market: Major decline in exports

A game-changing picture in Turkey's oil market: Major decline in exports

According to the EMRA September 2026 Oil Market Report, while refinery production and oil imports in Turkey increased, there was a sharp decline in exports. While gasoline production and domestic sales rose, the decline in diesel exports exceeded 88 percent.

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Published: 12.11.2026 14:12 Updated: 12.11.2026 14:15
A game-changing picture in Turkey's oil market: Major decline in exports

The Energy Market Regulatory Authority's (EMRA) Oil Market Monthly Sector Report for September 2026 points to an increase in production and imports in the fuel market, but a significant decline in exports.

According to the report, Turkey's total refinery petroleum product production increased by 10.82 percent in September, reaching 3 million 606 thousand 437 tons. While the production of diesel types increased by 10.40 percent to 1 million 518 thousand 377 tons, the production of gasoline types rose by 2.01 percent to 512 thousand 686 tons. Aviation fuel production, on the other hand, decreased by 14.86 percent to 497 thousand 371 tons.

In the same period, total oil imports increased by 3.90 percent to 4 million 391 thousand 841 tons. Crude oil constituted the largest item in imports. Crude oil imports were recorded as 3 million 133 thousand 306 tons, an increase of 14.41 percent. Diesel type imports decreased by 11.11 percent to 998 thousand 886 tons.

In the distribution of imports by country, the Russian Federation ranked first with a 19.74 percent share. Russia was followed by Kazakhstan with 17.12 percent and Iraq with 6.27 percent.

GASOLINE STOOD OUT IN DOMESTIC SALES

A general increase was observed in domestic fuel sales. Total petroleum product sales rose by 2.54 percent to 3 million 151 thousand 651 tons. While sales of gasoline types reached 606 thousand 270 tons with an increase of 16.79 percent, sales of diesel types were 2 million 389 thousand 153 tons with a limited decrease of 0.14 percent.

On the export side, the picture reversed. Total oil exports decreased by 31.92 percent in September to 709 thousand 925 tons. Gasoline type exports were 11 thousand 317 tons with a 9.67 percent decrease, while diesel type exports were 8 thousand 962 tons with a sharp decline of 88.56 percent.

While aviation fuel exports decreased by 23.08 percent to 478 thousand 251 tons, marine fuel exports increased by 33.22 percent to 78 thousand 545 tons. The total volume in bunker sales also decreased by 1.50 percent and was recorded at 951 thousand 976 tons.


News Source: 12punto

Tags

Gasoline Crude oil EMRA diesel fuel Oil market Energy