MNI China Daily Summary: Thursday, March 13

MNI BRIEF: China Has Been In Communication With U.S. On Trade

MNI BRIEF: China To Enhance Customs Clearance

MNI BRIEF: China Consumer Satisfaction Up

MNI: PBOC Net Drains CNY68.6 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Higher At 7.1728 Thurs; -0.64% Y/Y

US EIA:NAT GAS STORAGE -62 BCF TO 1,698 BCF MAR 07 WK

MNI: US FEB FINAL DEMAND PPI +0.0%, EX FOOD, ENERGY -0.1%

MNI: US JOBLESS CLAIMS -2K TO 220K IN MAR 08 WK

GERMANY: Union/SPD Migration Alignment After Turmoil Threatened Debt Deal (BILD)

GERMANY: Official Interim Election Results Tilt Towards Missing BSW & FDP

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NATGAS: Turkey May Begin Supplying Syria With Gas This Summer

NATGAS
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Turkey may begin supplying Syria with natural gas as soon as this summer, Bloomberg reports. 

  • “Hopefully this summer we can start seeing some flow of gas to Syria”, Turkey’s Energy Minister said Alparslan Bayraktar, cited by Bloomberg.
  • Turkey is looking to increase interconnection capacities between neighbouring markets.
  • Includes working with Azerbaijan producer Socar to increase capacity between Bulgaria and Turkey.
  • Turkey is also in talks with US companies for LNG supplies to the Turkish market and beyond, Bloomberg reports. The two nations plan to announce a broader cooperation in the energy sector, according to Bayraktar.
  • Turkey may also lease one of its floating LNG terminals to Egypt, which is struggling with declines in its domestic gas output. 
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Turkey may begin supplying Syria with natural gas as soon as this summer, Bloomberg reports. 

  • “Hopefully this summer we can start seeing some flow of gas to Syria”, Turkey’s Energy Minister said Alparslan Bayraktar, cited by Bloomberg.
  • Turkey is looking to increase interconnection capacities between neighbouring markets.
  • Includes working with Azerbaijan producer Socar to increase capacity between Bulgaria and Turkey.
  • Turkey is also in talks with US companies for LNG supplies to the Turkish market and beyond, Bloomberg reports. The two nations plan to announce a broader cooperation in the energy sector, according to Bayraktar.
  • Turkey may also lease one of its floating LNG terminals to Egypt, which is struggling with declines in its domestic gas output.