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Forecast of private sector investment in Turkey’s gas sector announced

Oil&Gas Materials 22 February 2012 13:12 (UTC +04:00)

Azerbaijan, Baku, Feb. 22 / Trend A.Taghiyeva /

The Turkish Energy Market Regulation Authority (EPDK) has announced the country's projected 2012 private sector investment in the gas sector of Turkey, on Wednesday.

'The country's private sector plans to invest 51.9 million liras in this field this year', the EDDK report says.

The sector plans to invest in the following: gas import four million lira, storage - 20 million lira, wholesale - four million lira, export - 2.1 million lira, sale of liquefied natural gas - 400,000 lira, distribution of liquefied natural gas - 400,000 lira, transportation of natural gas - 20 million pounds and transportation of liquefied natural gas - one million lira.

The official exchange rate is 1.7393 USD/TL on Feb. 22.

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