Showing posts with label TSO Botaş. Show all posts
Showing posts with label TSO Botaş. Show all posts

Monday, April 3, 2017

Turkey’s floating LNG imports deliver cheaper gas and energy security - LNG WORLD SHIPPING

Mon 03 Apr 2017

Turkey’s new floating storage and regasification unit (FSRU) will alleviate strain on seasonal imports and enables the country to diversify its sources of supply, writes Anders Norlen

Turkey’s gas consumption is rising fast and sharp seasonal demand swings and limited storage mean supply is tight over winter. Deploying FSRUs offers a solution to Turkey’s problems.

The Turkish gas market has grown over the last 10 years from 27bcm in 2005 to 48bcm in 2016. About 70 per cent of this demand growth has come from increased gas use in power and industry, reflecting the last decade’s robust economic growth and a 30 per cent hike in winter heating demand in the residential and commercial sector.