Articles tagged Turkey

Turkey’s state-owned Botaş Petroleum Pipeline Corp. is growing its LNG portfolio and the country’s potential as a natural gas hub with another long-term supply deal with a global market giant.

As negotiations with Russia for regional export projects have failed, Turkey is working with other partners and moving forward on plans to form a regional natural gas export hub. 

Israel continues to review which transportation route is best to export natural gas to Europe, with a final decision on the path expected sometime next year. 

Turkey is moving forward with plans for a regional LNG hub that could potentially exclude Russia as a partner.

Oman has agreed to provide Turkey’s Botas with LNG beginning in 2025, continuing a streak of supply agreements that began last year as the nation looks to increase output of the super-chilled fuel.

Bulgaria and Turkey signed a long-term agreement on Tuesday giving Bulgaria access to Turkey’s LNG terminals via Turkey’s natural gas transmission grid. 

Russia is turning to Turkey as a potential natural gas hub partner with a new sense of urgency to find new export outlets for volumes left stranded by damages to the Nord Stream pipelines in September. 

In a development that could put even more pressure on domestic natural gas pipeline projects, the Department of Commerce said it has preliminarily determined that Canada, China, Greece, India, South Korea and Turkey have been selling large diameter welded pipe at less than fair value in the United States.

The BP plc-operated Shah Deniz consortium has launched its landmark natural gas development in Azerbaijan, laying the groundwork for Europe to avoid dependence on Russian gas.

Turkey saw the inauguration of its first floating storage regasification unit (FSRU) liquefied natural gas (LNG) terminal last Friday.