LNG, Turkey

Azerbaijan maintained its leadership in gas supplies to Turkey in May and increased its exports by 20.4% in the first 5 months

In January-May 2020, Azerbaijan exported 4 527.39 million cubic meters of gas from the Shah-Deniz field to Turkey, which is by 20.4% more than in t

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Turkey approves acquisition of SOCAR Turkey LNG by Naturelgaz

The Turkish Competition Council approved the acquisition of the Turkish company Naturelgaz Sanayi ve Ticaret A.S. SOCAR Turkey LNG Satis.

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Gas imports from Russia to Turkey have fallen markedly

In April, Turkey reduced gas imports by 25.81% in annual terms to 2.634 billion cubic meters.

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Turkish importers owe Gazprom $2 billion, as they didn't meet "take or pay" condition

By the end of 2019, Private Turkish importers owed Gazprom about $2 billion for failure to take gas volumes under the take-or-pay condition, accord

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Turkey buys gas from Gazprom's competitors

Turkey buys Russian gas in a different form while the Blue Stream gas pipeline is stopped for planned repairs.

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Turkey cuts purchases from Gazprom

Gazprom, despite falling prices and growing competition from liquefied gas, last year reduced deliveries to the EU by only 0.7% compared to the historical record of 2018 - to 175.8 billion cubic me

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In 2019, Gazprom's deliveries to Turkey fell by 40%

Turkish gas imports fell by about 10% in 2019, while Gazprom's supplies declined by 40%. The reason is growth of supplies from Azerbaijan and purchase of liquefied gas.

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Azerbaijan exports 769.90 million cubic meters of gas to Turkey in May.

Azerbaijan exported 769.90 million cubic meters of gas to Turkey in May 2019. Compared to the same period last year the indicator increased by 28.04%.

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Russian LNG and pipeline gas become main competitors in EU

In the first six months of the year, Gazprom's main competitors on the European market were liquefied gas suppliers, primarily Novatek.

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