Turkey’s first floating LNG storage is to be operational in 6 months

Bank of Bahrain and Kuwait (BBK) expands into Turkey
December 15, 2016
European Bank for Reconstruction and Development (EBRD) provides US$ 134.75 million loan to Turkey
December 15, 2016

Turkey’s first floating LNG storage is to be operational in 6 months

Turkey’s first floating natural gas storage and regasification unit (FSRU), GDF Suez Neptune, has arrived İzmir. The FSRU will supply 5.3 billion cubic meters of natural gas, raising the daily capacity to 224 million.

Expected to contribute more than 5 billion cubic meters (CBM) of natural gas to Turkey’s annual gas supply, the GDF Suez Neptune plant, Turkey’s first Floating liquefied natural gas (LNG) Storage Regasification Unit (FRSU), has started conducting test studies in İzmir’s Aliağa district. In a period of only six months unit will be able to transfer the capacity, which is usually activated in four years, to Turkey’s national gas supply. This is possible since it operates from the water.

The Norwegian-flagged 2009-built, 283-meter-long, 43-meter-wide floating unit will be able to transfer LNG from different vessels to the national system in addition to the gas supply at -163 degrees Celsius it contains. A storage capacity of 5.3B CBM included among the entry terminals of the natural gas imported by Turkey, the floating vessel will have a storage capacity of 145,000 CBM of liquid natural gas and can supply over 5.3 billion CBM of gas annually to the national system.

With a capacity of more than 10 percent of Turkey’s annual demand of about 40 billion CBM of gas, the unit is continuing its test studies in the process of converting liquefied gas into natural gas. If the unit completes the testing process, it is expected to start providing natural gas to the system by the end of next week.

With the floating terminal in Aliağa, the daily capacity of Silivri’s underground gas storage plant is expected to increase to 25 million CBM, and EgeGaz’s LNG plant in Aliağa to 24 million CBM, thus increasing Turkey’s daily supply capacity of natural gas from 191 million to a total of 224 million CBM.

Share this article with your professional network: