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Turkey imports LNG from US for first time

Oil&Gas Materials 25 March 2016 10:04 (UTC +04:00)
Turkey has for the first time imported liquefied natural gas (LNG) from the US in 2016.
Turkey imports LNG from US for first time

Baku, Azerbaijan, March 25

By Rufiz Hafizoglu - Trend:

Turkey has for the first time imported liquefied natural gas (LNG) from the US in 2016, said the message from Turkey's Energy Market Regulatory Authority (EMRA).

The country has imported 83 million cubic meters of LNG, which accounts for 7.15 percent of the country's LNG consumption.

Turkey imported 437 million cubic meters of liquefied natural gas from Qatar, 468 million cubic meters - from Algeria and 171 million cubic meters - from Nigeria in the first quarter of 2016, according to EMRA's message.

Ankara has agreements with Algeria and Nigeria for supplying 4.4 billion and 1.2 billion cubic meters of liquefied natural gas per year, respectively.

Turkey also imports 6.6 billion cubic meters of gas from Azerbaijan per year based on the take or pay contract.

Moreover, Turkey imports gas from Russia which undertakes to supply 20 billion cubic meters of gas to this country per year based on the two contracts signed between them.

The first contract for exporting 16 billion cubic meters of Russian gas to Turkey was signed in 1997, while the second contract for delivering 4 billion cubic meters per year was inked in 1998.

Edited by SI

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Follow the author on Twitter: @rhafizoglu

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