Turkey to sign 1.2 billion bcm gas deal with Qatar
ANKARASep 15, 2014 - 12:00 am GMT+3
Sep 15, 2014 12:00 am
Turkey's President Recep Tayyip Erdoğan and Energy Minister Taner Yıldız are expected to sign an agreement for Qatar to supply Turkey with 1.2 billion cubicmeters (bcm) of natural gas during their visit Monday to the Gulf state.
Turkey consumes around 45 billion cubicmeters of gas every year. It buys 4 bcm from Algeria and 1.2 bmc from Nigeria every year.
Qatar with an approximate reserve of 885 trillion cubic feet according to US Energy Information Agency, is the world's largest liquified natural gas (LNG).