As for Turkey’s gas imports, Russia remains top supplier with 4.45bcm for Q1 but with a market share of just 31%, the lowest figure in MEES records stretching back to 2005.

Iran supplied 2.34bcm for Q1, up 4% year-on-year, with March volumes at 0.83bcm also up both month-on-month and year-on-year. There is as yet no sign that Iran’s gas exports to Turkey (or indeed Armenia) are attracting the same sanctions-related scrutiny that shipments to Iraq have received. This is despite...