global-hydrogen-hub global-hydrogen-hub global-hydrogen-hub
Global LNG Hub Logo
No Result
View All Result
  • Login
  • Premium Content
  • Blog
  • Events
  • Industry Links
    • LNG Industry Association
    • LNG Market Advisors
    • Government Body
    • LNG Market Information
    • LNG Legal Advisors
    • LNG Research Institute
    • LNG Training & Education
  • Other Hubs
    • GLOBAL MARITIME HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • CRITICAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login
Cart / €0.00

No products in the cart.

  • Premium Content
  • Blog
  • Events
  • Industry Links
    • LNG Industry Association
    • LNG Market Advisors
    • Government Body
    • LNG Market Information
    • LNG Legal Advisors
    • LNG Research Institute
    • LNG Training & Education
  • Other Hubs
    • GLOBAL MARITIME HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • CRITICAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login
Global LNG Hub
No Result
View All Result
Home LNG Contracts & Pricing

Impact of Turkey’s potential LNG deal with ExxonMobil on Russian gas supplies and global LNG markets

Editor by Editor
1 year ago
Reading Time: 1 min read
ExxonMobil-LNG
Share on FacebookShare on TwitterShare on Linkedin

Turkey’s potential LNG deal with ExxonMobil to import 2.5 mt per year will have no impact on Russia’s gas market share in Turkey.  It will not affect Moscow’s ambitious plan to build a hub for Russian gas in Turkey.

RELATED POSTS

LNG-prices

Review of natural gas and LNG prices

1 hour ago
LNG-prices

Review of natural gas and LNG prices

1 week ago
benchmark-gas-prices

Natural gas prices down significantly across all key markets in April

2 weeks ago

Finalizing this 10-year contract will help reduce the amount of the uncontracted LNG in the market.  Every time a long-term LNG contract is signed, less LNG will be available to the spot market, leading to lower volatility.

Turkey has been in talks with ExxonMobil to ink a new LNG supply deal that would allow it to reduce its reliance on a single gas supplier, Turkish Energy Minister Alparslan Bayraktar revealed in a recent interview with the Financial Times.

Ankara is seeking a “new supply portfolio”, and the potential deal with the US energy supermajor would secure up to 2.5 million tons of LNG per annum (mtpa) under a long-term contract that could last up to 10 years.

The deal, which remains under discussion so far, could be seen as a Turkish move to diversify gas supply sources away from Russia. However, we believes that such an agreement would not have a major impact on Russia’s current role as Turkey’s biggest gas supplier.

The volumes that could be secured in a future deal with ExxonMobil will represent only a small portion of current Russian gas shipments to Turkey. We also believe that Turkey’s interest in the deal is related to its close relationship with Qatar, who is ExxonMobil partner in Golden Pass LNG, the project that should supply the LNG to Turkey.

Source: Anas Alhajji (see original and complete article)


RELATED POSTS

LNG-prices

Review of natural gas and LNG prices

1 hour ago
LNG-prices

Review of natural gas and LNG prices

1 week ago
benchmark-gas-prices

Natural gas prices down significantly across all key markets in April

2 weeks ago
Tags: Anas AlhajjiExxonMobilLNG contractTurkey
Editor

Editor

Related Posts

LNG-prices
LNG Contracts & Pricing

Review of natural gas and LNG prices

1 hour ago
LNG-prices
LNG Contracts & Pricing

Review of natural gas and LNG prices

1 week ago
benchmark-gas-prices
LNG Contracts & Pricing

Natural gas prices down significantly across all key markets in April

2 weeks ago
LNG prices
LNG Contracts & Pricing

Review of natural gas and LNG prices

2 weeks ago
LNG-prices
LNG Contracts & Pricing

Review of natural gas and LNG prices

3 weeks ago
Chinas-gas-consumption
LNG Contracts & Pricing

China’s role in the global LNG market may become less dominant

3 weeks ago
No Result
View All Result

Trending Posts

LNG-prices

Review of natural gas and LNG prices

May 7, 2025
LNG-exports

Russia aiming to increase LNG exports by 100bcm by 2030

April 22, 2025
Chinas-gas-consumption

China’s role in the global LNG market may become less dominant

April 23, 2025

Recent Post

LNG-prices

Review of natural gas and LNG prices

May 7, 2025
benchmark-gas-prices

Natural gas prices down significantly across all key markets in April

May 1, 2025
LNG prices

Review of natural gas and LNG prices

April 30, 2025
LNG-prices

Review of natural gas and LNG prices

April 23, 2025
Chinas-gas-consumption

China’s role in the global LNG market may become less dominant

April 23, 2025
LNG-exports

Russia aiming to increase LNG exports by 100bcm by 2030

April 22, 2025
LNG-HUB-Logo

Online platform for sharing analysis and information on Global and regional LNG markets. Weekly newsletter each Wednesday more info

Categories

  • Asian LNG
  • Australian LNG
  • European LNG
  • Global LNG
  • LNG Africa
  • LNG Bunkering
  • LNG Latin America
  • LNG North America
  • LNG Projects
  • LNG Trade and Pricing
  • Middle East LNG
  • Small Scale LNG
  • FLNG

Recent Posts

Review of natural gas and LNG prices

Review of natural gas and LNG prices

Natural gas prices down significantly across all key markets in April

Energise your Wednesday!

Sign up to receive our weekly newsletter with new LNG market reports, presentations & analysis. Every Wednesday!

Your subscription could not be saved. Please try again.
Your subscription has been successful.

By signing up, I agree to our TOS and Privacy Policy.

© 2020 GlobalLngHub | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Premium Content
  • Blog
  • Events
  • Industry Links
    • LNG Industry Association
    • LNG Market Advisors
    • Government Body
    • LNG Market Information
    • LNG Legal Advisors
    • LNG Research Institute
    • LNG Training & Education
  • Other Hubs
    • GLOBAL MARITIME HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • CRITICAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login

© 2020 GlobalLngHub | All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.