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Turkey curtails reliance on gas imports

Turkey’s ambition to diversify its energy mix away from gas will intensify competition among suppliers as they seek to defend their share of the country’s market Turkey’s ambition to diversify its energy mix away from gas will intensify competition among suppliers as they seek to defend their share of the country’s market.
By Abhishek Kumar 22 February 2019 Middle East & Africa / Pipelines, Storage & Power 0 33972
The Beregovaya compressor station in Russia, the starting point of the Blue Stream gas pipeline. (Gazprom)

Directional impact on forecast:
Downbeat for Turkey’s gas demand and imports

Turkey has sent a clear signal to gas suppliers that the share of gas in the country’s energy mix will fall in the medium-to-long term. Turkey’s gas consumption declined sharply on an annual basis in 2018, driven by cyclical factors such as the weather and the economy. Nevertheless, there are structural changes under way that are also restricting Turkish gas demand. Consequently, competition among suppliers will intensify as they strive to defend...