Turkey president says country should prioritize LNG investments
12/23/2016
ANKARA (Reuters) -- Turkey needs to prioritise liquified natural gas (LNG) investments for a healthier balance of its natural gas trade, President Tayyip Erdogan said on Friday.
Turkey is heavily dependent on imports to meet its growing energy demand, widening the current account deficit.
Erdogan said there were a number of companies preparing to make LNG investments, and that he welcomed these investments aimed at diversifying natural gas supplies.
Reporting by Ece Toksabay and Tuvan Gumrukcu; Editing by David Dolan
Sign up to Receive Our Newsletter
- Biogas in France: TotalEnergies starts its 2nd largest unit in Normandy
- ONEOK announces joint ventures with MPLX to build LPG export terminal at U.S. Gulf Coast location
- Ukraine plans to import 800 MMm3 of gas until April after Russian strikes
- Parker Hannifin joins iHAPC project to test H2 and argon for cleaner and more energy-efficient engine technologies
- India's BPCL signs LPG supply deal with Norway's Equinor
Comments