Aygaz has become the first Turkish company to export liquefied natural gas (LNG) abroad, according to a statement released by Aygaz Doğal Gaz on Saturday.
"Aygaz Doğal Gaz has expanded its activities due to increasing LNG demand from neighboring countries," the statement said. "The first LNG export has been made to Bulgaria via land."
In addition to LNG sales, the company provides opportunities by helping equipment suppliers to open to foreign markets and by enabling the transfer of knowledge and expertise to markets abroad, according to the statement.
The first LNG export of Turkey makes a historic mark since the country is heavily dependent on foreign resources, especially natural gas, for its domestic energy demand.
Turkey's LNG imports reached a historic record high at 7.14 billion cubic meters (bcm) in the first half of 2019, according to Turkey's Energy Market Regulatory Authority's (EMRA) data.
The share of LNG in natural gas imports surpassed 30% for the first time in the January-June period out of the total of 23.29 bcm of natural gas imports, Anadolu Agency's calculations reveal based on official EMRA data.
Keep up to date with what’s happening in Turkey,
it’s region and the world.
You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
