Iran halves natural gas flow to Turkey - Haberturk

[MowCowWhoHow III]

Source: Reuters

Iran has halved the volume of natural gas flows to Turkey, citing an increase in domestic consumption due to severe winter weather, Turkish newspaper Haberturk reported on Wednesday.

It said the daily gas flow of some 28-30 million cubic metres had fallen to around 14-15 million cubic metres as a part of the move.

Turkish energy officials were not immediately available to comment.

Read more: http://uk.reuters.com/article/uk-turkey-iran-gas-idUKKBN0TS0MB20151209

[Jesus Malverde]

1. Bummer for the Turks.

I'm sure their are other neighbors who can help them out.

[happyslug]

2. Like Russia???

Russia supplied Turkey 57% of their natural gas in 2013, the last year we have records for Turkey. Iran only 20%. 86% of all natural gas imports are by pipeline. Iraq and Azerbaijan also supply natural gas by pipeline to Turkey. Natural gas by pipeline is about 33% cheaper then Liquefied Natural Gas (LNG). The reason for this is it takes the energy from about 1/3 of the resulting LNG to compress Natural Gas to a liquefied state. Thus LNG is always 1/3 more expensive then the same Natural Gas via a pipeline. Thus you avoid LNG if natural gas via a pipeline is available.

[roamer65]

3. Welcome to blowback, Erdogan n/t