Report: Turkey agrees LNG import deal with Qatar

Botas of Turkey reportedly signed a memorandum of understanding regarding imports of liquefied natural gas from Qatar on a long-term basis.

The deal was agreed during Turkey’s president Recep Tayyip Erdogan’s meeting with Qatar’s Emir Sheikh Tamim bin Hamad Al Sani.

According to local reports, the memorandum of understanding is the first step in reaching a final agreement that has been passed on to representatives of Botas and Qatar Petroleum.

No volumes have yet been revealed, but as Turkey looks to secure gas supplies for the upcoming winter Qatar could up the delivery above the 0.81 million tons it exported to Turkey in 2014.

Turkey imports most of its gas from Russia, but following a recent dispute, when Turkey’s air force shot down a Russian aircraft, it is expected that this trend could change, although no reports of reduced gas flows from Russia have yet been reported.

However, according to CNN Turk, Turkey’s Prime Minister, Ahmet Davutoglu will soon visit Azerbaijan as the country looks to diversify the sources of gas supply and cut dependence on Russian gas.

LNG World News Staff