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...
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