Commodity Market Report
Turkey gas and LNG markets long-term outlook 2019
This report is currently unavailable
Report summary
The Turkish gas market is slowing after decades of rapid growth falling to an average of 0.5% from 2019- 2040 from 76.5% from 2000-2018. Recent economic turmoil has laid bare the vulnerability of the Turkish energy market and the risks of relying heavily on imported energy. The effects have been a contraction in demand as costs to importers have spiralled and a push by the government to switch more demand to domestically produced energy and consequently, away from gas. Turkey is establishing itself as a key transit country of gas in of Europe. Two large pipeline projects are currently underway, TANAP and Turkstream, that will transit huge volumes of gas to Europe from Azerbaijan and Russia respectively. While Turkey will see its piped import increase through these new projects at the cost of LNG imports, gas demand will flatten from the mid 2020s and will even fall in some years as renewable and nuclear output squeeze gas in the power sector.
Table of contents
- Power generation
- Residential, commercial and agriculture (RCA)
- Industry
- Losses
- Gas pipeline infrastructure
-
Existing Infrastructure
- Turkey West gas pipeline (Bulgaria-Turkey)
- Iran-Turkey
- Blue Stream (Russia West-Turkey)
- South Caucasus pipeline (SCP) (Azerbaijan-Georgia-Turkey)
- ITG (Turkey-Greece)
-
Infrastructure under construction
- Southern Gas Corridor (TANAP and TAP)
- TurkStream
-
Proposed infrastructure
- Iraqi Kurdistan-Turkey Pipeline
- LNG Infrastructure
- Storage infrastructure
-
Piped imports: historical flows and contracts
- Recent trends
- Contracts
-
LNG imports: historical flows and contracts
- Recent trends
- Contracts
- Price development
- Tariffs and access
Tables and charts
This report includes 15 images and tables including:
- Gas production forecast (2010-2040)
- Import capacity
- Export capacity
- Import pipeline capacity
- Export pipeline capacity
- LNG regasification capacity
- Turkish storage outlook
- Gas flows in to Turkey
- Committed Supply and Demand Gap
- Historical piped imports
- Turkey contracted piped imports
- Historical LNG imports
- Turkey contracted LNG imports
- Long-run delivered cost of gas to Turkey, 2030
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
North America gas short-term outlook: Henry Hub generates support while Waha falls into an abyss
Can prices rebound to $3/mmbtu by the start of winter?
$2,000
Country Report
Turkey upstream summary
Outlook transformed by giant Black Sea gas discoveries and renewed onshore success - State-owned TPAO dominates Türkiye ...
$5,400
Asset Report
Perenco-operated fields
Perenco operates an onshore portfolio of more than 10 fields in southeast Türkiye (Turkey), in the Southeast Turkey Foldbelt ...
$3,100
