Petroleum production

International oilfield services company Schlumberger announced on Oct. 15 a significant contract award by the Turkish Petroleum Corporation (TPAO or TP) for the engineering, procurement, construction and installation (EPCI) of end-to-end production solutions for the Sakarya Gas Field, Turkey's largest gas reserve.

Turkey is on its way to becoming a key hub for LNG supplies with cooperation from Turkey's largest public institution in the areas of energy, trade, transportation and storage, BOTAŞ, along with Arkas Bunkering and Sumitomo Corporation, according to Turkey's BOTAŞ on Sept. 8. 

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Turkey's liquefied natural gas (LNG) import dropped 41.3 percent in the first half of the year compared to the same period of 2020, as LNG prices hit record-high levels on international markets.

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Nigeria's LNG carrier, LNG Abuja II, reached Turkey on Aug. 23, according to the latest ship tracking data.

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The vessel, which has a capacity of 170,000 cubic meters, left Nigeria's port of Bonny on Aug. 9 and arrived at its final destination, the Marmara Ereğlisi LNG Terminal on Aug. 23 at 03.41 local time.

Algerian energy company Hyproc Shipping's LNG carrier, Lalla Fatma N'Soumer, reached Turkey on July 9, according to ship-tracking data.

The vessel, which has a capacity of 144,888 cubic meters, left Algeria's port of Arzew on July 2 and arrived at its final destination, the Aliaga LNG terminal on July 9 at 21.00 local time.

The ship is sailing under the Bahamas flag.

Natural gas imports increased to around 4.72 billion cubic meters (bcm) from approximately 2.63 bcm for the same month of 2020, Turkey's Energy Market Regulatory Authority (EMRA) said in its monthly natural gas market report.

With 110 million cubic meters of storage and 28 million cubic meters of gasification capacity, Turkey's first publicly owned floating liquefied natural gas (LNG) storage and gasification vessel (FSRU) will add significant flexibility to Turkey's energy supply chain security, according to Energy and Natural Resources Minister Fatih Dönmez.

GasLog Partners LP (NYSE: GLOP) today announced two new time charter agreements with leading global energy producers.

Capital Gas Ship Management Corp. took successful delivery today of the newbuilding LNG Carrier 'Aristarchos', built by Hyundai Heavy Industries, S.Korea. With cargo capacity of 174,000 m3, the vessel is highly efficient, propelled with XDF engines and equipped with the latest available technologies, including an air lubrication system and increased filling limits (more than 99%).

Turkey's natural gas imports increased by 47.8 percent in March this year compared to the same month of 2020, according to the Turkish energy watchdog's data on May 28.