Turkey will increase its gas
imports from Algeria under a new bilateral gas deal, Turkey’s ruling party Ak
Parti said on Thursday.
Under the 10-year agreement, signed on Wednesday in Algeria, Turkey will import
4.4 billion cubic metres of liquefied natural gas annually from Algeria. Under
the previous contract, expiring at the end of this year, Turkey has been
importing 4.0 billion cubic metres of liquefied natural gas per year since
1988, Ak Parti said in a statement published on its website.
Turkey and Algeria have also agreed to develop new natural gas exploration and
production projects, to cooperate in the renewable sector and in the
electricity transmission and system operations, according to the statement.
Algeria has become the fourth biggest natural gas imported in Turkey, Turkey’s
president Recep Erdogan said during the signing ceremony as quoted by Turkish
new agency Anadolu Ajansi.
The top three natural gas importers in Turkey are Russia, Iran, and Azerbaijan,
supplying a total of 42 billion cubic metres of gas via pipelines to Turkey
every year, according to data published on the website of Turkish state-owned
oil and gas pipeline operator Botas.
Source: SeeNews