Browsing by Author "Alkan, Mehmet Batuhan"

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Importance of Lng in Turkish Natural Gas Supply Security
(Kadir Has Üniversitesi, 2019) Alkan, Mehmet Batuhan; Ediger, Volkan S.; Kirkil, Gökhan
The Natural Gas has been increasing its share of usage day by day due to the technologic developments, low carbon emission, increasing natural gas reserve in the fossil-based energy market. Nowadays, the share of natural gas in the total energy mix is 24%. Hence, the natural gas has been seen as a transaction source because the countries are in the aim of zero carbon emission. LNG is the most increasing product in the natural gas market these days due to shale gas production areas are far away to consumption areas according to this LNG usage has increased. LNG has been increased usage areas of natural gas and secure countries natural gas supply with regard to flexible system integration, easy transportation, and small scale cargos like oil products. Furthermore, LNG is an essential value for Turkish natural gas market. In this study, the importance of LNG in Turkish natural gas supply security has examined. First of all, world natural gas and LNG market have analyzed, and developments and changes on the market have reviewed. Following to this, the Turkish natural gas market has been analyzed and business opportunities which LNG may make and advantages to the market have searched. In the mathematical model, future natural gas consumption, a share of LNG and pipe gas has been forecasted with three different scenarios. According to these forecasts, the determination has made with regard to the storage investments and what has to be done. Finally, what LNG is going to gain to the Turkish market and the importance of LNG in the Turkish natural gas supply is underlined. Keywords: LNG, Natural Gas, Supply Security, importance of LNG