"Hutchinson: The future for natural gas and LNG is bright!"
The event that LNG Allies has arranged with the Turkish Embassy in Washington on June 1 will introduce our members to key energy and trade officials within the Embassy and the Turkish Consulate in Houston, to be briefed by officials in Ankara on the Turkish natural gas market, and for our companies to be able to interact with Turkish counterparts. It is part of a “virtual meet and greet” seminars series we have organized over the past year in markets of interest to the U.S. LNG industry given the difficulty of travel due to Covid.
How do U.S. based LNG companies work with Turkish business?
Turkey is an important market for U.S. LNG exporters. Over the past 12 months (through March 2021), Turkey was the eighth largest market for U.S. LNG exports globally and the third largest in Europe. LNG Allies and our companies have met regularly with Turkish government officials, regulators, and the Turkish energy industry to share our experiences and encourage closer collaboration. These relationships are strong and getting stronger.
What is your organization expectation from Turkish companies/Turkey?
We expect demand for natural gas in Turkey to continue to increase given Turkish economic growth, as well as government efforts to address climate change and diversify sources of energy supply. The flexibility, reliability, and price competitiveness of U.S. LNG has been appreciated by Turkish companies. So, we anticipate Turkey will be a growth market for our exports. We hope to see Turkish companies sign long-term contracts with U.S. LNG suppliers to further strengthen this relationship.
Where do you see the LNG business in five years?
The future for natural gas and LNG is bright. Even in 2020 — when energy demand dropped globally due to the pandemic — demand for LNG grew by two percent to reach 360 million metric tons (MMT). In five years, global LNG demand is expected to rise to around 420 MMT, and the United States will become the top LNG exporting nation. LNG improves energy security and can provide reliable, low-carbon electricity, generating important baseload power when combined with renewables. While most LNG demand growth will be in Asia, we see opportunities in Europe as well, in particular in Turkey.
Journalist, Ali Cinar
Ali Cinar- New York - 
The U.S. law enforcement officers raided a popular cafe linked to Pennsylvania-based Imam Fethullah Gülen in New York's Brooklyn on early Friday morning, the Daily Sabah has learned. More than a dozen officers seized computers during the raid on Masal Cafe, a popular destination for Gülen's disciples, according to frequent visitors of the venue. Another search was also conducted against the cafe's owner, Salahattin Karakuş's house, in which his computers were also confiscated. Karakuş confirmed on Sunday via phone that U.S. law enforcement officers were in his house and the cafe. "They told me not to talk about this with anyone. That's all," he said. Local media reported that the raid was conducted by the Federal Bureau of Investigation, however, FBI's New York office said it had not carried out the operation. 
USA Swimming is pleased to fuel its athletes with high protein products made with only natural, non-GMO ingredients through its newest multi-year partnership with America’s #1 Greek Yogurt Brand, Chobani, LLC. A key aspect of the partnership will see Chobani and USA Swimming work together to create a digital content series promoting creative and healthy eating choices. This series will be featured across Chobani and USA Swimming’s multimedia platforms, including social media and digital channels. 
Chobani and Nielsen Catalina Solutions teamed up for a Yahoo Search ad campaign that resulted in a 9% lift in yogurt sales and a 1.3% increase in market share. The campaign was conducted as a measurement study as well to provide the brand with insights into how paid search impacted in-store sales. To do this they looked at household data on demographics, purchase histories, regional purchase behavior, and buying cycles. Chobani Chief Marketing and Brand Officer Peter McGuinness told Ad Age, "It's yet another proof point that advertising in any form, on any channel, has merit and effectiveness. It just helps further justify budgets overall, and specifically in search." 
Hamdi Ulukaya, the 43-year old founder and chief executive of Greek yogurt maker Chobani, has helped pull off a remarkable turnaround over the last 19 months. During that time, the Turkish businessman has turned an operating loss into a profit and, even against stepped-up competition, increased Chobani’s market share, The Post has learned. Much of the success has been attributed to the introduction of Chobani Flip, a single-serving package that separates the yogurt from dry toppings, and to Ulukaya’s stepped-up focus as CEO. 
Yogurt maker Chobani announced it will name a new chief executive to replace its founder and may appoint its acting president, a turnaround expert from private equity firm TPG, which lent the company $750 million last year. The company plans to name a new CEO in the first half of 2015 and replace company founder Hamdi Ulukaya – the top contender is currently interim president and COO Kevin Burns. 
Kevin Burns is not being paid to serve as interim COO of the challenged yogurt-maker. Last week, The New York Times reported that investors with private equity firm TPG Capital were “paying twice” for work being done by TPG partner Kevin Burns, who also is serving as the interim COO of yogurt maker Chobani (in which TPG invested last year). The paper basically alleged that Burns was being paid his regular TPG salary, derived from annual management fees paid by limited partners in TPG funds, while TPG also was receiving from Chobani a “a separate fee based on the partner’s work on the particular investment.” And, rather than sharing this separate fees with its limited partners, TPG had used a shadowy internal “recovery” group to keep most of the money in-house. 
