Turkish FSRU Capacity Rules Open for Consultation
Etki Liman, a subsidiary of local conglomerate Kolin, is developing the facility in the Aliaga district of Izmir in western Turkey. The company has not yet said which company will supply the FSRU, but the draft rules specify the facility will have a sendout capacity of 5.15bn m3/yr (3.7mn t/yr LNG) and 142,862m3 of LNG storage capacity.
Under the draft rules, any firm holding a licence to import, export, or trade gas in Turkey's wholesale market will be eligible to bid for capacity at the facility.
The operator will determine at the start of the calendar year how much of the facility's capacity will be allocated under long-term contracts, and how much under short-term contracts. The capacity available for long-term booking will be published by 15 June each year, while available short-term capacity will be published by 15 August.
Companies may bid for a minimum of 80mn m? of sendout capacity — enough for a cargo of roughly 137,000m3 — and up to a maximum of half of the terminal's capacity. Long-term bookings are capped at 10 years.
Priority will be given to larger bids, calculated as sendout capacity multiplied by the duration of the booking.
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