Showing posts with label Aliaga Fuel Storage Terminal. Show all posts
Showing posts with label Aliaga Fuel Storage Terminal. Show all posts

Monday, January 30, 2017

LNG stations to be established in Turkey - DAILY SABAH

30.1.2017

The Energy Market Regulatory Authority (EPDK) has taken an important step after Turkey's first floating liquefied natural gas plant, a visionary project headed by Energy and Natural Resources Minister Berat Albayrak, was put into use in İzmir's Aliağa district. The EPDK decided to establish LNG stations following a regulatory amendment. Particularly in trucks and buses, the use of LNG, which is the application area, is being promoted to reduce carbon dioxide emissions and encourage environmentally friendly transportation.

In line with the board decision taken by the EPDK, the Natural Gas Market License Regulation will be amended. Wholesale license holders with LNG stations will be able to carry out the sale of LNG for use as fuel in road vehicles at the facilities they establish at a certain addresses. In this way, only license holders will be able to sell LNG at the facilities that are subject to their licenses. Other wholesale companies selling natural gas throughout the country are obliged to take separate licenses if they want to sell LNG used as fuel for road vehicles. The LNG, which is a field of application primarily in vehicles such as trucks and buses, is not used for small vehicles since it is not suitable for storage. With the new regulation, the use of natural gas will be extended and the emission of carbon dioxide will be reduced to promote environmentally friendly transportation.

Tuesday, December 27, 2016

Turkey's New FSRU LNG Terminal Complements Existing Land-Based Terminals - NATURAL GAS INTEL

December 27, 2016Joe Fisher

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

The facility includes a jetty and onshore natural gas pipeline connecting regasified LNG from the unit to the neighboring pipeline grid. According to developer ENGIE and its Turkish construction partners, project development took 6.5 months from final investment decision to completion.

The ETKI LNG terminal was built by construction companies Kolin and Kalyon of Turkey. The facility is at Aliaga on the Aegean coast.

Friday, December 23, 2016

Turkey's first FSRU opened, ready to boost energy supply security by 20M cbm daily - DAILY SABAH

23.12.2016

Turkey's first ever floating storage re-gasification facility (FSRU) offers alternative supplies to diversify Turkey's energy resources and allows for flexibility in meeting the country's energy needs. (AA)

Turkey's first floating natural gas storage and regasification unit (FSRU), which will compress an additional 20 million cubic meters of gas per day, opened on Friday in Aliağa, İzmir, with a ceremony attended by President Recep Tayyip Erdoğan and Prime Minister Binali Yıldırım

Expected to contribute more than 5 billion cubic meters (BCM) of natural gas to Turkey's annual gas supply, the GDF Suez Neptune plant, Turkey's first liquefied natural gas (LNG) Floating Storage Regasification Unit (FSRU), opened on Friday with a grand ceremony attended by President Recep Tayyip Erdoğan, Prime Minister Binali Yıldırım and Energy and Natural Resources Minister Berat Albayrak.

Tuesday, December 20, 2016

Turkey extends gas cuts to power plants - ARGUS

20 Dec 2016, 2.25 pm GMT

London, 20 December (Argus) — Turkish gas grid operator Botas has instructed state-run and independent gas-fired power plants to limit their contractual gas use further to just 25pc as of tomorrow at 08:00 local time (05:00 GMT).

Botas had instructed private power plants to halve their gas use as of 14 December, while the state-run Euas and Tetas plants have halved their gas consumption since 24 November, following a drop in Iranian gas flows into Turkey on 22 November.

Gas burn for power fell to 19.8mn m³/d on 14-18 December — or just 10.2pc of total gas use — from 36.2mn m³/d – or 18.8pc of the total — earlier in the month, energy ministry data show.

Friday, December 16, 2016

Turkish traders braced for gas crisis amid fears over LNG supplies - ICIS


16 December 2016, 15:00
Aura Sabadus

Turkish power and gas traders were braced for one of the country’s ‘worst energy crisis’, amid fears of supply shortages and soaring demand in the upcoming week.

Companies have raised concerns about a pending shortage of LNG volumes over the next seven days at a time of cold weather-driven spiking demand, uncertain pipeline imports and reduced hydro production.

“This is the biggest energy crisis of Turkey and it appears that next week [the gas transmission system operator and incumbent] BOTAS won’t be able to meet demand even with gas curtailments,” a power trader told ICIS on Friday.

Tuesday, December 13, 2016

Turkey’s first floating LNG plant anchored in Izmir - DAILY SABAH

GDF Suez Neptune FSRU
13.12.2016

The GDF Suez Neptune plant, which is Turkey's first floating liquefied natural gas (LNG) plant which also contains a Floating Storage Regasification Unit (FRSU), has reached the coasts of the Aegean province Izmir.

The floating plant left France last week and docked at a port in Izmir, which is especially designed for the plant, on Sunday.

The GDF Suez Neptune is to be put into use by Kolin Group in Izmir's district Aliağa within this month.

With a capacity of 5.3 million tons, it is expected to contribute 20 million cubic meters of natural gas per day to Turkey's gas supply, thus considerably increasing the country's supply capacity on a daily basis.

Monday, October 10, 2016

Trafigura, Vitol Said Among Bidders for OMV Turkey Fuel Unit - BLOOMBERG

Dinesh Nair, Ercan Ersoy
October 10, 2016 — 11:21 AM EDTUpdated on October 11, 2016 — 4:23 AM EDT
  • Opet, Socar and private equity firms also said to bid
  • Turkey’s Petrol Ofisi sale could fetch about $1.2 billion
OMV AG, central Europe’s biggest oil and gas company, has got initial bids from Vitol SA and Trafigura Group Pte for its Turkish fuel retailer OMV Petrol Ofisi AS, people with knowledge of the matter said.

Opet Petrolculuk AS, the State Oil Co. of the Azerbaijan Republic and private equity firms are also among the companies that made offers, said the people, who asked not to be identified because the process isn’t public. BP Plc and Saudi Arabian Oil Co., known as Aramco, are also weighing bids, the people said.