Page 42 - TURKRptFeb21

8.0 Industry & Sectors 8.1 Sector news
8.1.1 Oil & gas sector news
The 6.6bn cubic-metre (bcm) natural gas contract in which Azerbaijan’s state oil company SOCAR supplies Turkey's state-run pipeline operator Botas is set to expire in April 2021. The renewal of the contract is seen as unlikely.
Turkey's energy imports
USDbn
Jan-Nov/20
Jan-Nov/19
y/y
Mineral Fuels
25
38
-33%
Brent Oil Price (average)
43
64
-34%
Imports
188
184
3%
Mineral Fuels/Imports
13%
20%
-7
Trade Deficit
-45
-27
66%
Mineral Fuels/Trade Deficit
56%
140%
-84
Major Energy Deals in Turkey
Date
Sold
Stake
Price
Buyer
Seller
Jan-21
Enerya
full
rumour
Ahlatci
STFA / Swiss Partners
Jan-21
Unnamed electricity grid
-
rumour
Actis/UK
-
Jan-21
Izmitgaz - Baymina(775MW gas)
full
-
Palmet
Engie/France
Dec-20
Solar plant 954kWp Afyon
100%
$1.3mn
EYN Teknoloji
-
Dec-20
Ozyer's 11 solar plant
100%
-
Esenboga Elektrik
-
Dec-20
United LPG/Bangladesh
50%
$0.6mn
Aygaz
United Enterprises
Dec-20
Bereketli wind power
100%
-
Is Portfoy/Isbank
Kinesis
Sep-20
Uluder Elektrik
-
-
Mesut Altan/Idris Cakir
-
42 TURKEY Country Report February 2021 www.intellinews.com