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Turkey Invests In New LNG Facilities

Increased demand has led Turkey to push ahead with establishing two new floating liquefied natural gas (LNG) storage facilities and regasification units (FSRU).

Daily Sabah reported on the announcement from Turkish energy minister Berat Albayrak, which he made during budget negotiations for next year at the Energy and Natural Resources Ministry.

One of the new LNG storage facilities will be made operational by the end of 2017, and will have a capacity of 20 million cubic meters. This FSRU is located in Hatay Dörtyol. The second such facility is in the Gulf of Saros.

Minister Albayrak commented that boosting the nation’s storage of LNG had reinforced the security of the supply of this fuel type.

He also pointed out that Turkey has significantly expanded its exploratory and drilling operations in a bid to find new oil and gas reserves that can help further boost the country’s energy security in future.

Turkey is also set to start receiving natural gas from the Trans-Anatolian Natural Gas Pipeline from next year, a multilateral project that the nation is involved with.

Other nations in Europe have also been increasing their gas storage facilities in recent months. In October it was announced that the Oiltanking Antwerp Gas Terminal in Belgium is preparing to double its capacity for storing butane gas.

This will make it the largest independent gas terminal in north-west Europe, with more than €1 million being invested in the new storage facility, as well as a new landing jetty for chemical and oil giant Ineos.

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