Turkey’s Botas inks LNG bunkering pact with Sumitomo and Arkas

Botas, a unit of Turkish Petroleum Corp, is joining forces with compatriot Arkas Bunkering and Japan’s Sumitomo to develop LNG bunkering infrastructure in Turkey.

The partners signed a deal under which they would work on establishing Turkey as a bunkering hub for LNG supply in the Eastern Mediterranean, according to a statement by Botas.

The global fleet of LNG-powered vessels continues to grow but Turkey currently has no facilities to fuel these ships.

This deal would help the firms to work on a bunkering network in the country as owners increasingly opt for LNG-powered ships to cut emissions and due to more stringent IMO rules.

Arkas Bunkering is a unit of Arkas Holding, an established maritime transportation firm in Turkey.

On the other side, Sumitomo has ordered an LNG bunkering vessel through a joint venture, Ecobunker Shipping, as it plans to boost the use of LNG as fuel in Japan and help develop a bunkering hub in Tokyo Bay. The firm also signed a deal this year with Petronas to work on LNG bunkering in Japan and Malaysia.

Turkey currently imports LNG via four terminals. The country has earlier this year launched a new FSRU, owned by Botas, at the Dortyol facility in the southern province of Hatay.

Most Popular

US sanctions four LNG carrier owners

The Department of State said in a statement on Wednesday that it continues to designate entities involved in the...

Shell CEO on 2025 LNG market outlook: ‘I don’t have a crystal ball’

Sawan was asked during Shell's third-quarter earnings call on Thursday if he could share his views on the 2025...

MOL’s large LNG carrier fleet expands

The Jaanpese shipping firm said in its results report it had 100 LNG vessels at the end of September...

More News Like This

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...

Bulgargaz seeks five LNG cargoes

Bulgargaz launched three tenders for five LNG cargoes. During October 2024, the company is seeking one LNG cargo of about...

Shell seals long-term LNG supply deal with Botas

Türkiye's Energy Minister Alparslan Bayraktar announced the deal during a ceremony held in Ankara on Monday. Under the 10-year deal,...

Botas to buy Swan Energy’s FSRU for $399 million

Swan Energy said in a stock exchange filing on Wednesday that Botas Trading, a unit of Botas, is expected...