UPDATE 2-Turkey's Botas hikes natural gas price for power generation by 50 pct - sources - REUTERS

JULY 31, 2018 / 10:55 PM

Orhan Coskun

• Turkey links gas prices to dollar
• Energy regulation authority hikes electricity prices
• Botas also hikes natural gas prices for residential use (Adds hikes to electricity and natural gas consumer prices)

ANKARA, July 31 (Reuters) - Turkey’s state pipeline operator Botas will hike the price of natural gas used for electricity production by 50 percent as of Wednesday, sources said.

The price hike was “inevitable” due to a weaker lira pushing oil and natural gas prices higher, as Turkey is mostly dependent on energy imports, energy sources told Reuters.

Earlier on Tuesday, the central bank hiked its crude oil price assumption to $73 from $68.

Gazprom’s exports to Turkey up by 18.8% in 2017 - TASS

December 17, 23:49 UTC+3

MOSCOW, December 17. /TASS/. Russia’s gas giant Gazprom said on Sunday is had exported a record-breaking volume of gas to Turkey in a period from January 1 to December 15, 2017, having increased supplies by 18.8% on the same period last year, to 27.6 billion cubic meters.

"In the eleven and a half months of 2017, Gazprom exported 27.6 billion cubic meters of gas to Turkey, its second largest foreign market. The 2014 gas exports record of 27.3 billion cubic meter has been broken," the company said in a press release.

Apart from that, gas exports to other countries that are to be covered by the Turkish Stream gas pipeline, which is now under construction, also increased, including by 10.1% to Greece, by 5.7% - to Bulgaria, by 22% - to Hungary, and by 23.5% - to Serbia.

Gazprom's natural gas exports to Europe, Turkey move past 2016 levels to fresh record - PLATTS

London (Platts)--8 Dec 2017 801 am EST/1301 GMTStuart Elliott, Edited by Alisdair Bowles

Russia's Gazprom is set to exceed on Friday the level of exports to Europe and Turkey that was recorded in 2016 as demand for Russian natural ss and cold weather across the continent

• Sales to Europe, Turkey to reach 179.8 Bcm Friday
• CEO points to 'unconditional reliability' of supplies
• Nord Stream set for 87% utilization rate in 2017

Taking into account the nominated volume for Friday, Gazprom will have exported 179.8 Bcm to what it calls the Far Abroad -- Europe and Turkey, but not the countries of the former Soviet Union -- higher than last year's then record high of 179.3 Bcm.

Construction of Russia’s gas pipeline to Turkey going full steam ahead - RUSSIA TODAY

31 Aug, 2017 13:18

Gazprom said on Thursday 220 kilometers of the gas pipeline to Turkey has been laid under the Black Sea.

“The sea part of the project has seen 220 kilometers of two lines of pipes being laid,” said Gazprom CEO Aleksey Miller.

The Turkish Stream or TurkStream pipeline has been under construction since May this year. The pipeline will go from Russia’s Black Sea coast beneath the sea to Turkey, and extend to the border with Greece.

It will see two lines; the first will be for the Turkish market, the second for gas to the countries of South and South-Eastern Europe. Each line has a capacity of 15.75 billion cubic meters per year.

Russian gas exports to Turkey up by 26% in January-April 2017 - TASS

May 21, 22:07UTC+3© EPA/KERIM OKTEN

ISTANBUL, May 21. /TASS/. Russian gas exports to Turkey grew by 26% in January-April 2017, to reach 10.5 billion cubic meters, according to documents prepared by Russian Prime Minister Dmitry Medvedev’s visit to Turkey.

"In 2016, Russia’s natural gas exports to Turkey amounted to 24.7 billion cubic meters. In January-April 2017, gas exports grew by 26%, to reach 10.5 billion cubic meters," the document says.

Apart from that, basis has been laid for closer cooperation in the gas sector thanks to the implementation of the Turkish Stream gas pipeline project with a capacity of 31.4 cubic meters.

Turkish natural gas demand slowdown set to persist as Ankara shifts tack: OIES report - PLATTS

London (Platts)--24 Apr 2017 852 am EDT/1252 GMTBy Stuart Elliott, Edited by Dan Lalor
Turkish gas demand -- which five years ago was expected to almost double to 81 Bcm/year by 2030 -- is unlikely to even reach 60 Bcm/year in the near future as a result of a deliberate effort by Ankara to reduce the country's dependence on imported gas, a paper published Monday by the Oxford Institute for Energy Studies concludes.

Turkish gas demand fell last year for the first time since 2009 to 46 Bcm and is expected to be stagnant this year as Turkey looks to depend more on domestic resources for power generation, particularly hydro, coal, lignite, and wind and solar energy, the OIES said in the report.

The OIES said it expects a fall in gas consumption in the power sector in 2017 to be balanced by moderate growth in the residential and industry sectors.

Russian Gazprom increases gas supplies to Turkey by 25% - CONSTRUCTION.RU

17.04.2017 15:47
Tatiana Kanunnikova

Gazprom, a Russian gas giant, has increased exports of blue fuel to Turkey by 25%, the company said on Monday.

“From 1 January to 15 April 2017, the supply of Russian gas has increased to many countries outside the former Soviet Union. In particular, to Turkey and the countries of Central and South-Eastern Europe. Thus, exports to Turkey compared to the same period in 2016 has grown by 25%, to Hungary — by 31.5%, to Serbia — by 32.5%, Bulgaria — by 20.9%,” — the message released by Gazprom reads.

As it was previously reported, Gazprom increased gas exports to countries outside the former Soviet Union in the period from 1 January to 15 April 2017 by 14.7%, up to 58.5 billion cubic meters.

Shale Gas And Its Impact On Turkish Economy – OpEd - EURASIA REVIEW

April 10, 2017
Haluk Direskeneli

“Shale Gas” is on the agenda. What is “Shale gas”? Is Shale Gas production as easy as you might think? Is it cheap? Do we have it in our environment? Can we produce? What is the cost of Shale Gas production? What happens to the environment in Shale Gas production process?

Shale gas is basically natural gas. Only the thermal calorific value is a bit low. Shale gas production is same as Natural Gas production by non-traditional, non-conventional method. The soil structure “thin-bedded, rich in organic matter”, is suitable for producing oil and gas is called “Shale”.

“Shale Gas” is the method of taking the Natural Gas that is trapped between the deep underground rocks. Shale Oil (Shale Petroleum) are removed by the same methods. Shale Gas and Shale Oil production technology are not new practice. Since 1947 there has been market practice in the United States.

Turkey returns to Russian gas- VESTNIK KAVKAZA

Mar 29 - 4:20 pm

Turkey continues to increase the volume of Russian gas purchases. The trend, which has been observed since the last autumn, continues to gain momentum. According to the latest data, in January-February 2017, Turkey increased Russian's gas imports by 16.6% compared to the same period in 2016.

The expansion of cooperation in the energy sphere was discussed by the Presidents of Russia and Turkey, Vladimir Putin and Recep Tayyip Erdogan, during the Turkish leader's visit to Moscow in early March. Erdogan said then that the Russian-Turkish energy cooperation is of great importance both in terms of natural gas and in terms of other elements, and in general this process is increasingly developing.

Turkey's natural gas imports down by 4.5 pct in 2016 - DAILY SABAH / IEA

26.2.2017

Turkey has imported 46.164 billion cubic meters (bcm) natural gas in 2016, 2.2 bcm less compared to the total 48.266 bcm in 2015, according to the International Energy Agency (IEA).

The main decrease was seen in the gas imported from Russia, which decreased by 2.25 bcm from 26.623 bcm to 24.373 bcm.

The imports from Turkey's second largest gas provider Iran slightly decreased from 7.926 bcm to 7.704 bcm.

Imports from Azerbaijan increased by 312 mcm to a total of 6.48 bcm.

Around 15 percent of the total natural gas was imported in the form of LNG through the LNG terminals located in Turkey's western Izmir and northwestern Tekirdağ provinces.

Azerbaijan increases gas supply to Turkey - TREND NEWS AGENCY

3 January 2017 12:20 (UTC+04:00)
Baku, Azerbaijan
Maksim Tsurkov

Azerbaijan supplied 5.31 billion cubic meters (bcm) of gas to Turkey in January-October 2016 as compared to 5 bcm in the same period of 2015, Turkey's Energy Market Regulatory Authority said in a report on its website Jan. 3.

Azerbaijan supplied 6.17 bcm of natural gas to Turkey in 2015 as compared to 6.07 bcm in 2014.

The report said that in January-October 2016, Turkey imported 36.42 bcm of gas, of which 30.62 bcm were supplied via pipelines, while 5.8 bcm accounted for the import of liquefied natural gas (LNG).

Israeli study points to Turkey as cheapest way to carry natural gas - DAILY SABAH

Source: ABO

27.12.2016

TEKMOR note: Turkey (Republic of) is the sole country that does not recognize EU-member Cyprus (Republic of), since it invaded the northern two fifths of the island in 1974, cleansed it of its majority Christian population and colonises it with populations from mainland Turkey. A pipeline from Israel to Turkey is difficult to say the least without Cyprus' consent.   
--

A study titled, "Commercial Opportunities for Turkish Companies," which was prepared by Israel, has revealed that the cost of building a pipeline between Turkey and Israel would vary between $2.6 billion and $3.9 billion and, that if Greece is chosen as a route for the pipeline, the average cost of the pipeline would amount to $7.15 billion to carry the gas to Europe.

According to the study presented by the Israeli Embassy in a meeting attended by officials from energy companies, a possible pipeline between Turkey and Israel might reach 600 kilometers in length.

Anastasiades: Natural gas supply an incentive for Turkey - KATHIMERINI

25.12.2016 : 13:40

Cyprus’s newly-discovered wealth of offshore natural gas could boost the prospects for a peace settlement on the divided island, President Nicos Anastasiades has said a few days after Nicosia said it had picked Eni, Total and ExxonMobil for three exploration licenses.

In an interview with Kathimerini newspaper ahead of next month’s crucial talks in Geneva, the Greek Cypriot leader said that the prospect of covering a significant part of Turkey’s energy needs and of transforming his country into a regional energy hub could prompt Turkish President Recep Tayyip Erdogan into making the much-needed concessions that would pave the way for a deal.

“The most important thing is for [Turkey] to become an energy hub. The normalization of ties with Israel and the need to get natural gas supplies from there, presupposes that that pipelines will run through Cyprus’s Exclusive Economic Zone (EEZ). The Cyprus Republic may not have veto rights, but it can raise objections over the pipeline route,” said Anastasiades, adding that Ankara could also be interested in the discovery of natural gas deposits.

Implementation of Turkish Stream Project Requires $7.3Bln Investment - SPUTNIK NEWS

20.12.2016, 19:41 

7 billion euros ($7.3 billion) of investments needed for the full implementation of the Turkish Stream gas pipeline project, according to an explanatory document to the draft bill on ratification of the Turkish Stream intergovernmental agreement. 

MOSCOW (Sputnik) — The full implementation of the Turkish Stream gas pipeline project requires 7 billion euros ($7.3 billion) of investments taking into account the financial losses sustained as a result of the frozen South Stream project, an explanatory document to the draft bill on ratification of the Turkish Stream intergovernmental agreement said. 

Floating LNG unit to expand Turkey's annual gas storage capacity by 5.3 BCM - DAILY SABAH

GDF Suez Neptune floating terminal, the first FSRU of Turkey,
has arrived in Izmir.

15.12.2016

Turkey's first floating natural gas storage and regasification unit, FSRU, has arrived in Aliağa, İzmir. The FSRU will supply 5.3 billion cubic meters (BCM) of natural gas, raising the daily capacity to 224 million CM

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 Floating liquefied natural gas (LNG) Storage Regasification Unit (FRSU), has started conducting test studies inİzmir's Aliağa district. In a period of only six months unit will be able to transfer the capacity, which is usually activated in four years, to Turkey's national gas supply. This is possible since it operates from the water.

Turkey’s evolving energy policy - IN CYPRUS / CYPRUS WEEKLY

December 11, 2016
Charles Ellinas

Since the rift with Russia last year and the subsequent rapprochement between Turkey, Russia and Israel, Turkey’s energy policy has been evolving in response to the shifting regional geopolitics, but also its own changing energy priorities and needs.

In this article, I review the latest developments in Turkey’s energy policy and markets and how these affect the region and Cyprus.

Turkey's top private gas importer placed under new administration - ICIS

06 December 2016 09:50By Aura Sabadus

Board members at Turkey’s largest natural gas importer Akfel, a company partly owned by Gazprom, were removed on Friday, placing the firm under the control of a new administration, sources close to the matter told ICIS.

The development raises concerns regarding the future of Turkey’s private gas sector, as the company had been at the forefront of private enterprise in the sector.

There are no official details as yet regarding the change.

Turkey increases gas import from Azerbaijan by 330 million cubic meters - APA

18 November 2016 / 16:10

Baku, Vusal Nabiyev

Turkey’s BOTAS is planning to import 36.5 billion cubic meters of gas by the year-end, down 4.1 billion cubic meters from 2015.

According to Anadolu agency, the company imported 40.6 bcm of gas last year.

BOTAS plans to reduce gas import from Russia by 3.99 billion cubic meters.

Along with this, the company intends to increase the gas import from Azerbaijan to 6.5 bcm (6.17 bcm in 2015), from Iran to 7.85 bcm (7.83 in 2015) and from Algeria to 4.38 bcm (3.92 bcm in 2015).

Turkey plans to increase gas storage and implement FSRU - LNG INDUSTRY

Thursday, 10 November 2016 10:00

David Rowlands, Editorial Assistant

According to Reuters, the Turkish energy minister, Berat Albayrak, has said that the country is on track to become a major hub for energy trading, especially for natural gas.

In particular, Albayrak reportedly said that plans were being accelerated for additional gas storage, as well as for a floating storage regasification unit (FSRU) for LNG. Turkey is planning to bring the first phase of new storage facilities near Ankara online by January 2017, and upgrades for existing storage facilities are scheduled for completion from 2019 onwards.

Gas exports to Turkey paused for 7 days - MEHR NEWS AGENCY

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.”