Turkey’s spot LNG trading opportunity is now fading

A rare window of opportunity that had opened up this year for spot LNG trading in Turkey is now closing, raising questions about the future of private LNG imports into the country next year.

Turkey is in the process of bringing in its first floating storage regasification unit (FSRU) this winter, and 50% of its capacity can be booked by private companies, according to watchdog EPDK.

However, a shrinking spread between rising LNG prices and falling regulated tariffs at which shippers can sell at domestically could further block private companies from taking active positions in the global LNG market.

Complete your details to access the market highlight now

All fields are required

Hello ! (Not you?)

Your Data Privacy
By completing this enquiry form you indicate your consent for us to email you information about selected products, events and services from ICIS and from carefully chosen third parties unless you object to receiving such messages by ticking the boxes below.