Turkey to Swap Electricity for Natural Gas

Turkey is planning to sell electricity to Iraq in exchange for natural gas. For the purpose, Turkey is expected to build a power station near the northern Iraqi border. Import of natural gas is likely to be carried out by the company which wins the tender.

Turkey is also looking to diversify its energy imports and is looking to find alternate sources of natural gas imports, media reports said quoting Turkey's energy and natural resources minister Taner Yildiz.

Yıldız also said that Turkey had signed a special deal with Gazprom and that no matter how much of a price hike the Russian firm implemented on natural gas to Europe, Turkey would not be affected for the duration of the agreement. 

If you are a Premium Subscriber you can access NGW magazine here

Subscribe today to NGW Premium.



Natural Gas World welcomes all viewpoints. Should you wish to provide an alternative perspective on the above article, please contact editor@naturalgasworld.com

Kindly note that for external submissions we only lightly edit content for grammar and do not edit externally contributed content. 



We use cookies to ensure that we give you the best experience on our site. If you continue we assume that you understand and accept to receive cookies from this website. Dismiss