*The Turkish gas market saw a fundamental shift in the first half of 2020 as a global surplus of cut-price LNG enabled the key swing customer to shun more pricey pipeline supplies from erstwhile top supplier Russia.
*From a 35% market share for 2019, Russia’s market share fell to just 13% for 2Q 2020 with absolute volumes of 0.97bcm also a record low including a monthly record low of 0.16bcm for June. With Iran volumes at zero for Q2 due to a pipeline outage, Azerbaijan was top 1H 2020 supplier (see chart). (CONTINUED - 209 WORDS)