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.
News ID: 3809056
Sat 29 October 2016 - 13:47
TEHRAN, Oct. 29 (MNA) – NIGC announced on Friday that exports of Iranian gas to Turkey will remain ceased for seven days due to construction processes.
The National Iranian Gas Company (NIGC) confirmed the halt in Iran’s natural gas exports to Turkey; “due to an explosion in a gas export pipeline on Turkish territories, the gas flow to the neighboring country has reached a temporarily hiatus.”
“Turkey's Butash Gas Company made correspondences to inform NIGC on the gas incident,” said an official asserting “on Thursday evening at 21:30 p.m., the transmission line to Turkey exploded deep under the ground 12 kilometers from Bazargan border and gas export to the neighboring country is temporarily interrupted.”
