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Gazprom Conducts Feasability Study to Construct Natural Gas Storage Stations in Turkey


Industry Segment: Terminals | Word Count: 395 Words

ISTANBUL, TURKEY--March 22, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--Russian natural gas company OAO Gazprom (PINK:OGZPY) (Moscow, Russia) is conducting a feasiblity study regarding the construction of natural gas storage facilities in Turkey. In 2011, Turkey imported nearly 61% of its natural gas needs, which included 27 billion cubic meters from Gazprom, the world's largest natural gas exporter. Gas consumption has increased three-fold in the past decade, reaching 40 billion cubic meters, which has made Turkey an attractive market with future potential.

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