{"id":91414,"date":"2025-12-30T00:00:00","date_gmt":"2025-12-30T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?p=91414"},"modified":"2025-12-30T07:00:27","modified_gmt":"2025-12-30T07:00:27","slug":"today-turkey-secures-another-long-term-supply-pact-for-us-sourced-lng","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/12\/30\/today-turkey-secures-another-long-term-supply-pact-for-us-sourced-lng\/","title":{"rendered":"TODAY: Turkey secures another long-term supply pact for US-sourced LNG"},"content":{"rendered":"

Good morning, nice people.<\/strong> If you are feeling like the finish line keeps moving, you aren\u2019t alone. <\/p>\n

Leading the news this morning: <\/strong>Ankara\u2019s Botas signed a major LNG pact with Woodside, marking its second long-term agreement for US-sourced gas. The agreement is not only about Ankara\u2019s energy security \u2014 Turkey already has a big surplus for re-exports \u2014 but also about its effort to buy political goodwill in Washington as Turkey navigates what\u2019s next for its Russian energy ties. <\/p>\n

ALSO-<\/strong> We also take a deep dive <\/strong>into how MENA ports managed to bulletproof themselves in 2025 against a year of global trade chaos.<\/p>\n

Watch this space-<\/p>\n

<\/a>AVIATION <\/strong>\u2014 <\/strong>Jazeera Airways moves first: <\/strong>Jordan Airport Company (Jac) is close to securing the first low-cost carrier (LCC) to operate in the soon-to-be-launched Amman City Airport after inking<\/a> an MoU with Jazeera Airways. The airport \u2014 formerly Marka International \u2014 is set to launch flights next month, marking its return to commercial operations<\/a> for the first time since 1983 after recent government upgrades. <\/p>\n

This will give the Kuwaiti LCC a head start over competitors<\/strong> \u2014 which have reportedly been in talks with Jac to secure slots in the airport \u2014 including Air Cairo, Wizz Air, Ryanair, and Flynas.<\/p>\n

REMEMBER- Jac\u2019s strategy for the airport will be LCC-focused: <\/strong>With a capacity to accommodate 1 mn passengers annually and infrastructure well-suited for narrow-body jets, Jac is positioning the airport as a low-cost, short-haul alternative to Queen Alia International. The Jordanian airport operator is expected to offer lower operational fees to attract LLCs, while pitching the airport as a secondary hub suitable for domestic and feeder regional flights. <\/p>\n

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<\/a> TRADE \u2014 <\/strong>Egypt might supply Lebanon\u2019s Deir Ammar Power Plant with natural gas<\/strong> under an MoU inked between the two countries\u2019 oil ministries, according to a statement<\/a>. The agreement is the latest in Egypt\u2019s efforts to become a regional energy hub and signals the government\u2019s seriousness about the country once again becoming a net exporter of natural gas. <\/p>\n

There are some logistical hurdles to overcome: <\/strong>The gas will likely be pumped through the Arab Gas Pipeline that links Egypt to Jordan\u2019s Aqaba before heading to Syria, then Lebanon. However, for flows to proceed, rehabilitating portions of the pipeline would be necessary, The National<\/a> reported, citing the Lebanese Energy Minister Joe Saddi. A feasibility study assessing the costs of rehabilitation could be concluded within the next four months, Saddi added.<\/p>\n

\n

Market watch- <\/p>\n

Oil prices eased slightly this morning \u2014 despite ongoing concerns over Ukraine-Russia <\/strong>supply risks, <\/strong>Reuters<\/a> reports. Brent crude futures dipped by USD 0.21 to trade at USD 61.73 \/ bbl as of 01:50 GMT, while US West Texas Intermediate (WTI) slipped by USD 0.19 to USD 57.88 \/ bbl. <\/p>\n

<\/a> FROM SAUDI- The Kingdom might<\/strong> cut crude oil export prices to Asia for the third consecutive month in <\/strong>February<\/strong>, unnamed sources told Reuters<\/a>, citing weaker demand in spot markets amid rising supply. Refiners expect a drop in Arab Light prices of USD 0.10-0.30 per bbl, lowering premiums to USD 0.30-0.50 above the Oman\/Dubai benchmark, extending the USD 0.60 per bbl loss from January.<\/p>\n

By the numbers: <\/strong>Arab Extra Light crude may fall by USD 0.10-0.20, while Arab Medium and Arab Heavy grades could remain unchanged or dip by USD 0.10.<\/p>\n

Estimates of oil prices have been in limbo<\/strong> as Opec+ spent the better half of the year unwinding cuts, and the International Energy Agency has been warning of a glut. Check our recent Year in Review<\/a> story on the diverging outlooks for oil markets in 2026.<\/p>\n

Data point- <\/p>\n

13% \u2014 this was the y-o-y growth rate for <\/strong>Egyptian<\/strong> food industry exports in <\/strong>the first 11 months of 2025<\/strong>, pushing the value of the sector\u2019s exports to a record<\/a> USD 6.3 bn, up from the USD 5.6 bn recorded in 2024. The sector now accounts for 14% of Egypt\u2019s total non-oil exports, holding its position as the country\u2019s third-largest export category.<\/p>\n

This means demand for cold-chain logistics has also likely gone up<\/strong>, sharpening the case for cold-chain investments in the country. You can dig deeper on why cold-chain storage in Egypt could be a smart investment in our explainer here<\/a>. <\/p>\n

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***<\/strong>YOU\u2019RE READING EnterpriseAM Logistics, the essential MENA publication for senior <\/strong>execs who care about the industry that connects producers and retailers to global markets. <\/strong>We\u2019re out Monday through Thursday by 9:15am in Cairo and Riyadh and 11:15am in the UAE.<\/p>\n

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Want to send us a story idea<\/strong>, request coverage, ask for a correction, or otherwise get in touch? Reach out to us on logistics@enterprisemea.com<\/a>.<\/p>\n

DID YOU KNOW <\/strong>that we also cover Egypt<\/a>, Saudi Arabia<\/a>, and the UAE<\/a><\/a> ***<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

What we\u2019re tracking this morning regionally and around the world<\/p>\n","protected":false},"author":1,"featured_media":91415,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[18],"tags":[145,49,17,714,39,164,32,16],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-91414","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-aviation","tag-egypt","tag-enterprise-logistics","tag-jazeera-airways","tag-jordan","tag-lebanon","tag-trade","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"f820d866-85e8-4d37-9fc9-7facb29830d4","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/2\/465.jpg","photo_position":"above","homepage_title":"","full_issue_title":"TODAY: 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