Turkey tucks into bargain US LNG
Russian pipeline imports are flexed lower in an effort to profit from LNG supply glut
Turkey cut its total pipeline imports by 3.55bn m³, or 18pc, to 16.15bn m³ in the first half of 2019, ramping up instead LNG deliveries as the Atlantic Basin bathed in a sea of plentiful supply and low prices. Russian pipeline imports—it also receives cross-border flows from Iran and Azerbaijan—took the most significant hit. Delivered volumes in the first half of the year were down by 4.5bn m³, or 36pc, to 8bn m³, leaving Russia supplying just 34pc of Turkey’s import requirements. In contrast, Russia took a 47pc slice of Turkey’s 50.35bn m³ 2018 import pie. Pipeline imports have lost out to LNG, with ship-borne volumes totalling almost 7.15bn m³ in the first half of 2019, up by 0.9bn m³ fr
Also in this section
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
12 March 2026
LPG could rapidly expand access to clean cooking across Africa and prevent hundreds of thousands of deaths from indoor air pollution each year, but infrastructure shortages and regulatory barriers are slowing investment and market growth
11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy
