Turkey is in talks with US energy giant ExxonMobil , in an effort to curb its dependence on Moscow energy

Litwin

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Sep 3, 2017
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GDL&Sweden
one for sure Turkey want " back" Dagestan , the Ottoman´s Azov city back ! they want Moscow empire stay in the fight as long as possible


Cut the dependency on aggressor's LNG is freedom!! Great News for US LNG 👍
countries like USA, Australia, Canada will step up to fill the demand.👍
Absolutely nothing should be allowed out of Muscovite, including their 🇷🇺🐷🇸🇦propaganda .


Turkey is in talks with US energy giant ExxonMobil (XOM.N), opens new tab over a multibillion-dollar deal to buy liquefied natural gas, in an effort to curb its dependence on Moscow energy,

 
In 2023 Turkey's energy import bill was 81 Billion $.

Sizeable, yet peanuts compared to ever increasing Washington interest-payments to its foreign creditors.

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Exxon LNG import agreement is roughly 1.1 billion $.
About 1.3 % of Turkey's energy imports.

Turkey did import American LNG in previous years as well.
Nevertheless Russian gas will always have a sizeable share in Turkey.
 
Last year, Turkey imported 5mn tonnes of LNG from the US on the “spot” market where energy is bought and sold for imminent delivery

This year Turkey will buy half amount US LNG than previous year.
So, rather than reducing dependence on Russian gas it may seem like a move to reduce reliance on US lng.
 
Turkey has seven international natural gas pipelines, which are connected to Russia and vulnerable to Ukraine's drone strikes. Since Turkey imports almost all of its natural gas, it needs to diversity suppliers and ensure the country's supply security.

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Noting that Ankara imports almost all of its natural gas needs, Bayraktar said that Türkiye aims to create a new supply portfolio without being dependent on a single supplier.

Pointing out that Türkiye is evaluating gas purchase options from different sources to ensure the country's supply security, Bayraktar said: "For security of supply, we need to get gas from somewhere. It could be from Russia, it could be from Azerbaijan, it could be Iran, or LNG options."

 
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Turkey has seven international natural gas pipelines, which are connected to Russia and vulnerable to Ukraine's drone strikes. Since Turkey imports almost all of its natural gas, it needs to diversity suppliers and ensure the country's supply security.

GFWxfssWIAADKmm


Noting that Ankara imports almost all of its natural gas needs, Bayraktar said that Türkiye aims to create a new supply portfolio without being dependent on a single supplier.

Pointing out that Türkiye is evaluating gas purchase options from different sources to ensure the country's supply security, Bayraktar said: "For security of supply, we need to get gas from somewhere. It could be from Russia, it could be from Azerbaijan, it could be Iran, or LNG options."


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