Home Fossil Energy 300-meter-long FPSO concerns Türkiye: Twofold boost in Black Sea gas production on the horizon (Photo)
With energy security at the leading edge, Türkiye, which is identified to diversify its products and lower its reliance on imports through homegrown energy, has actually invited the arrival of its first-ever drifting production, storage, and offloading (FPSO) vessel, which is the exact same size as 3 basic football fields created and will double the gas production from the nation’s huge deepwater gas field in the Black Sea, as soon as the system begins its 20-year project in 2026.
Türkiye’s brand-new FPSO predestined to operate at Black Sea gas field; Source: Türkiye’s Ministry of Energy and Natural Resources
Offered the growing belief that gas and melted gas (LNG) are a best fit to bridge the energy shift space by attending to increasing power needs along with decarbonization patterns, Türkiye made numerous tactical transfer to fortify power products by obtaining a drifting production system (FPU) in 2015 and inking a string of ten-year LNG offers just recently with ExxonMobil, Shell, and TotalEnergies.
In addition, the nation’s BOTAŞ petroleum pipeline corporation struck a handle India’s Swan Energy in August 2024 to purchase its stake in a drifting storage and regasification system (FSRU) for $399 million paid in tranches, after the duo penned a lease contract in 2015 for the 180,000 m3 FSRU Vasant One, constructed by Korea’s Hyundai Heavy Industries and provided to the Indian gamer in 2020 for usage as part of an LNG import terminal task in Gujarat, which encounter a number of logistical difficulties.
While Swan’s subsidiary, Triumph Offshore, has a 51% stake in the FSRU, the Indian Farmers Fertiliser Cooperative (IFFCO) holds the staying stake. BOTAŞ’ acquisition of the FSRU becomes part of its formerly revealed strategies to establish a local LNG bunkering center to take advantage of Türkiye’s geographical position, which provides it with the chance to end up being an energy center in between Middle Eastern providers and their European consumers.
-
-
long check out
Published: 8 days ago
-
After triggering from Singapore in July 2024, the nation’s brand-new FPSO, gotten from BW Offshore and predestined to be released at the Sakarya gas field in the Black Sea for 20 years, reached Çanakkale onboard the Vanguard semi-submersible heavy transportation vessel owned by Boskalis, a Dutch overseas services huge, following a 51-day journey. Upon the vessel’s arrival, Alparslan Bayraktar, Türkiye’s Minister of Energy and Natural Resources, examined the main control space.
Bayraktar highlighted: “We will take the gas from the seabed. We will do these procedures here and after that link it to BOTAŞ’s line on land, around 180 kilometers away. We are experiencing among the firsts today. Due to the fact that this center will be our production base at sea. It will bring us to a point where we satisfy nearly 15 percent of our nation’s requirements.”
At the end of last month,