Turkey Inks Preliminary LNG Deal With Qatar

Turkey and Qatar on Wednesday signed a preliminary LNG deal, reported Daily Sabah newspaper.

State owned BOTAS inked the deal with Qatar Petroleum during President Erdogan's visit to the country.

The agreement foresees the infrastructure for Qatari imports and a terminal to be established in Turkey, the newspaper reported, adding that the details such as the price and quantity will be determined in a separate deal.

The move came amid deteriorating relations between Ankara and Moscow after Turkey downed a Russian SU-24 bomber jet late last month. Although there has been no move by Moscow to cut gas supplies to Turkey however there is a concern regarding winter supplies.

Turkey gets more than half of its gas from Russia while LNG is sourced from mainly Algeria.