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Turkey buying new FSRU LNG import vessel: Botas

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Turkey buying new FSRU LNG import vessel: Botas

London — Turkey's state gas importer Botas is buying a new floating LNG import vessel, currently under construction, a Botas official said Saturday.

The official told S&P Global Platts the new vessel would be used to supply gas to two onshore terminals -- the existing terminal at Dortyol on Turkey's East Mediterranean coast and a new terminal being constructed at the Gulf of Saros in northwest Turkey.

The official said the Dortyol terminal had not been used as much as had been anticipated and that the lease on the existing vessel moored there would not be renewed.

Instead Botas is buying its own vessel, construction of which is expected to be completed in 2020.

The new vessel will be used to supply gas at Dortyol, but more frequently at the new Saros terminal, as most of Turkey's gas demand is in the northwest of the country, he said.

Botas is currently constructing a jetty and terminal at the Saros location, he said.

According to the 2020 economic program of the Turkish presidency, Botas will next year open a tender for the construction of a link line between the new Saros terminal and Botas' existing transit grid, specifically the Turkey-Greece interconnector, which runs close by.

That line is also connected to the newly completed TANAP pipeline at an interconnection point at Kesan, which could potentially in future allow for the import of LNG at Saros and its transit into the TANAP-TAP corridor for export to the Balkans and Italy.

--Stuart Elliott, stuart.elliott@spglobal.com

--Edited by Jonathan Loades-Carter, jonathan.carter@spglobal.com