Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum Nuvista Energy Ltd NUVSF


Primary Symbol: T.NVA

NuVista Energy Ltd. is an oil and natural gas company, which is engaged in the exploration for, and the development and production of, oil and natural gas reserves in the Western Canadian Sedimentary Basin. Its primary focus is on the scalable and repeatable condensate rich Montney formation in the Alberta Deep Basin (Wapiti Montney). Its core operating areas of Wapiti and Pipestone in the... see more

TSX:NVA - Post Discussion

Nuvista Energy Ltd > Turkey looks towards ExxonMobile for multibillion-dollar LNG
View:
Post by Carjack on Apr 29, 2024 7:43pm

Turkey looks towards ExxonMobile for multibillion-dollar LNG

Turkey is in discussions with US energy giant ExxonMobil regarding a multibillion-dollar deal to buy liquefied natural gas.

In an interview with the Financial Times, Turkish energy minister Alparslan Bayraktar said that his country was hoping to diversify its energy providers, therefore bolstering national security.

As part of the proposed deal, Turkey would secure up to 2.5 million tonnes of LNG a year from Exxon, at a cost of around $1.1 billion.

The agreement could last a decade, although the exact conditions were yet to be determined, Bayraktar said.

RELATED

Watchdog urges caution on reducing Russian LNG imports to the bloc

What's in store for LNG and Europe in 2024?

Talks between Exxon and Turkey come at a time when the country is seeking to reduce its reliance on Russian energy.

Natural gas is essential for electricity generation in Turkey and, in 2022, the country imported 100% of the gas it consumed.

Be the first to comment on this post
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities