Gas Strategies, 31 October 2012

                            New Storage Facilities Vital to Turkey’s Energy Aspirations

Turkey can mitigate its looming supply gap with increased storage and LNG imports, Okan Yardimci, energy expert at Turkey's Energy Market Regulatory Authority, told Gas Matters Today on the sidelines of the 14th Oil and Gas Transportation conference in Istanbul on Tuesday. The country's current 2.7 Bcm/year of underground storage is insufficient to meet its ambitions of becoming  a gas hub, he said, stressing that market liberalisation could only happen there if supply begins to exceed consumption.