Supply & Demand

Turkey’s underuse of gas import capacity to worsen

The underutilisation of Turkey’s gas and LNG import infrastructure could worsen as it moves ahead with projects such as Turkish Stream and TANAP The underutilisation of Turkey’s gas and LNG import infrastructure could worsen as it moves ahead with projects such as Turkish Stream and TANAP.
By Abhishek Kumar 16 February 2018 0 29630
FSRU Challenger The FSRU Challenger vessel. (MOL)

Directional impact on forecast:
Downbeat on Turkey’s gas and LNG import utilisation rate

The inauguration of Turkey’s second FSRU has highlighted the country’s efforts to diversify its supply sources, meet region-specific demand and alleviate gas supply tightness during winter. Nevertheless, Turkey’s gas demand will continue to be determined by the country’s weather and its economy, which makes the underutilisation of its gas import infrastructure a problem. Additionally, Turkey wants to diversify its energy portfolio in the medium-to-long term, which raises questions about the...