Turkey imports more than 30 percent of its daily consumption from Iran and has so far given no indication that it will comply with a planned EU import embargo on Iranian crude.
One source said that Tupras was planning to meet Saudi Arabian oil authorities this month with a view to switching to alternative crude sources by the summer.
"I think the meeting is to learn the supply capacity ahead of (Saudi) Aramco's other clients," said a second industry source, adding that Iranian threats to shut the Strait of Hormuz had prompted Tupras to approach new suppliers.
Tupras declined to give an immediate comment.
A Saudi source said the Kingdom's oil authorities were getting more orders to replace Iranian crude, but declined to comment on specific requests.
Turkey works to cut dependence on Iranian oil
Publication Date:
Fri, 2012-01-20 00:50
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