VOL. XLII

No. 20

17-May-1999

FSU

Turkey Buys Nigerian LNG And Electricity From Turkmenistan

Turkish energy officials announced on 11 May that Turkey hasagreed to purchase 2.4bn cu. ms. (BCM) of LNG from Nigeria over a two-yearperiod at a cost of $260mn. Deliveries to Turkey痴 LNG regasification plant onthe Marmara Sea are to begin in October when Nigeria痴 LNG plant is due to comeon stream. The deal is between Turkey痴 Botas and the Nigerian LiquifiedNatural Gas Company and will be reviewed after...