Turkey to sign LNG deal with Qatargas

22/04/2012 08:12 AST

Turkey expects to sign an agreement for 2.5 to 3bn cubic metres of liquefied natural gas (LNG) from Qatar, though no agreement was made on price, Turkey’s energy minister said yesterday.

“We would like to make two agreements with Qatar: one short-term and one long-term. If we can agree on the price, we will make an agreement through Bota,” Turkish Energy Minister Taner Yildiz told a news conference in Doha.

Bota is Turkey’s state-owned crude and natural gas pipelines and trading company.

“Some of Turkey’s natural gas needs will be filled by Qatar. We don’t only want to talk to one country. We have also talked to Saudi Arabia and Libya,” he said.

Yildiz said a preliminary agreement between Bota and Qatari LNG supplier Qatargas would be signed later last night.

In November, Turkey’s finance minister said the country is interested in a setting up an LNG plant in Turkey in order to facilitate the delivery of gas from Qatar to Europe.


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