Daily Sabah logo

Politics
Diplomacy Legislation War On Terror EU Affairs Elections News Analysis
TÜRKİYE
Istanbul Education Investigations Minorities Expat Corner Diaspora
World
Mid-East Europe Americas Asia Pacific Africa Syrian Crisis Islamophobia
Business
Automotive Economy Energy Finance Tourism Tech Defense Transportation News Analysis
Lifestyle
Health Environment Travel Food Fashion Science Religion History Feature Expat Corner
Arts
Cinema Music Events Portrait Reviews Performing Arts
Sports
Football Basketball Motorsports Tennis
Opinion
Columns Op-Ed Reader's Corner Editorial
PHOTO GALLERY
JOBS ABOUT US RSS PRIVACY CONTACT US
© Turkuvaz Haberleşme ve Yayıncılık 2023

Daily Sabah logo

عربي
  • Politics
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • Elections
    • News Analysis
  • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Expat Corner
    • Diaspora
  • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • Islamophobia
  • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
  • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
  • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Reviews
    • Performing Arts
  • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
  • Gallery
  • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
  • TV

Second floating LNG unit starts operations

by Anadolu Agency

ANKARA Feb 09, 2018 - 12:00 am GMT+3
by Anadolu Agency Feb 09, 2018 12:00 am

Turkey began operating its second floating liquefied natural gas unit (FSRU) with 20 million cubic meters of output capacity per day, Energy and Natural Resources Minister Berat Albayrak announced late Wednesday.

The FSRU is docked at a port in Dörtyol, Hatay, on the Mediterranean.

The country aims to reduce dependency on pipeline gas through FSRUs, and in line with that, these units dock at ports close to regions with higher gas consumption, Albayrak explained.

"We are minimizing investment costs for transmission and distribution lines as well as transportation costs [with FSRUs]," he added.

Turkey's first FSRU opened in Aliağa, İzmir, in December 2016, at a time when the country needed extra gas to meet the increased consumption due to very cold weather at that time.

The first unit, which Turkish companies Kolin and Kalyon operate, also has 20 million cubic meters of send-out capacity per day. "The [second] unit has 263,000 cubic meters of LNG storage capacity. This capacity size is the largest in the world. The unit has around 20 million cubic meters of daily output capacity and will contribute a lot to Turkey's energy security," Albayrak said.

To ensure energy security for the country, efficient natural gas infrastructure is imperative, Albayrak said.

"Turkey will increase its 3.5 billion cubic meters of gas storage capacity in Silivri and Tuz Lake storage facilities to 10 billion cubic meters by 2023. Our target is to be able to store at least 20 percent of our annual gas consumption so that we can have more energy security," he said.

He added that Turkey has already increased its daily output capacity from 190 million cubic meters in 2015 to 288 million cubic meters by the end of 2017.

"This capacity is 20 percent more than Turkey's highest daily gas consumption of 250 million cubic meters. So, Turkey will not only be able to meet its gas needs, but will also be able to export the surplus capacity," Albayrak argued. A strong gas infrastructure will also provide Turkey with more competitiveness in the region, he asserted.

"In that regard, the Trans-Anatolian Natural Gas Pipeline (TANAP) will start delivering gas in the middle of this year, while the first gas from the TurkStream will come in 2019," he said, adding that with these projects, Turkey will become an intersection point for eight natural gas pipelines.

TANAP, with around $8.5 billion of investments, will deliver 6 billion cubic meters of gas from Azerbaijan to Turkey and 10 billion to Europe. The European part of the project is expected to become operational in 2020.

The TurkStream project is a direct pipeline from Russia to Turkey with a capacity for 15.75 billion cubic meters of gas set aside for Turkey's use, while a second line with the same capacity is planned for Europe.

  • shortlink copied
  • RELATED TOPICS
    fight-against-terrorism DEUTSCHE-BANK US-LIBYA-RELATIONS
    KEYWORDS
    business
    The Daily Sabah Newsletter
    Keep up to date with what’s happening in Turkey, it’s region and the world.
    You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
    No Image
    Best of NASCAR: Ruoff Mortgage 500
    PHOTOGALLERY
    • POLITICS
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • News Analysis
    • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Diaspora
    • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • İslamophobia
    • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
    • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
    • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Performing Arts
    • Reviews
    • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
    • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
    • Photo gallery
    • Jobs
    • privacy
    • about us
    • contact us
    • RSS
    © Turkuvaz Haberleşme ve Yayıncılık 2021