1/10/2013

Qatar, Turkish company in talks for LNG facility

Hürriyet Daily News - Qatar is in talks with a Turkish company for the construction of a liquefied natural gas (LNG) facility in Turkey, according to the energy and industry minister of the Gulf nation.


Details on the issue will soon be revealed, said Mohamed bin Saleh al-Sada after a meeting with visiting Turkish Energy Minister Taner Yıldız, without specifying a company name. Turkey is discussing the construction of an LNG terminal with Qatar on its Aegean coast in order to help meet rising domestic needs, Yıldız had said before the meeting.


Yıldız said the planned terminal on the Gulf of Saros, an inlet in European Turkey, would have an annual capacity of 5 to 6 billion cubic meters (bcm) and could help supply Bulgaria and Greece, as well as help Turkey meet its own rising LNG demand.
“Qatar will carry out the feasibility work and evaluate the project,” Yıldız told reporters in Algiers on the first day of a visit to Algeria, Libya and Qatar, adding that such a facility would also help reduce the risky tanker traffic on Turkey’s straits.


Power hungry Turkey is taking steps to diversify its energy sources and suppliers to feed its growing economy. A USD 12 billion deal signed with United Arab Emirates last week involves the construction of coal-fired plants using the country’s vast Afsin-Elbistan coal reserves in southeastern Turkey. Russia is building Turkey’s first nuclear power plant in Akkuyu, Mersin, while talks for a second nuclear power plant project are ongoing with Japan, China, South Korea and Canada.

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