Qatari, US spot volumes boost Turkish LNG imports

Turkey increased its LNG imports by almost 19 percent last year, boosted by spot volumes from Qatar and the US, according to a report.

The country’s liquefied natural gas imports reached 15.07 bcm in 2020, accounting for 31.3 percent of total gas imports, Turkey’s Zihni Energy said in its natural gas and LNG market report.

Total imports, including piped gas, increased 6.4 percent year-on-year to 48.1 bcm, the report said. Piped gas volumes from Russia’s Gazprom accounted for a third of all imports, the report said.

Turkey currently imports LNG via four terminals. The fuel arrives under two long-term LNG contracts state-owned Botas has with Algeria and Nigeria, but also from the spot market that recorded a significant growth last year.

The report shows that spot volumes reached 8.14 bcm, accounting for 54 percent of total LNG imports.

Qatari spot LNG volumes increased 32 percent to 3.24 bcm while volumes from the US surged 144 percent to 2.97 bcm, the report said.

In addition, Turkey also received spot LNG shipments from Norway, Equatorial Guinea, Egypt, France, Angola, Belgium, Trinidad and Tobago, and Spain, the report said.

Most Popular

Aramco eyes large LNG portfolio

Aramco's long-term ambition is to have a portfolio of 20 million tonnes per annum (mtpa) of LNG capacity, according to Aramco’s CEO, Amin Nasser.

Argentina’s Southern Energy takes FID on second FLNG

Argentina's Southern Energy takes FID on second FLNG

Energy Transfer in advanced talks to sell remaining Lake Charles LNG volumes

Texas-based Energy Transfer is in advanced discussions for the sale of the remaining offtake volumes from its proposed Lake Charles LNG export facility in Louisiana, according to its management.

More News Like This

Botas, EGAS ink FSRU charter deal

Egypt's EGAS has signed a charter deal with Turkiye's Botas to deploy one of Turkiye's operational floating storage and regasification units in Egypt.

Report: Egypt to deploy Turkish FSRU

Egypt has signed a deal to deploy one of Turkiye's operational floating storage and regasification units at Egypt’s Ain Sokhna port to cover LNG demand in June-November, according to a report by Kpler.

Botas launches tender for fourth Marmara LNG tank

The Marmara Ereglisi LNG terminal is Turkey's first LNG facility and has been in operation since 1994. It currently has...

TotalEnergies, Botas pen long-term LNG supply deal

Türkiye’s Energy Minister Alparslan Bayraktar announced the deal on Wednesday. The two firms signed the agreement during the Gastech event...