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Türkiye increases purchases of Western LNG: new contract with TotalEnergies.

Türkiye increases purchases of Western LNG: new contract with TotalEnergies.

September 23, 2024

Turkey’s state-owned energy company Botas has signed a new long-term contract with France’s TotalEnergies for the supply of 16 cargoes of liquefied natural gas (LNG) per year. The agreement will come into force in 2027 and is designed for 10 years, providing Turkey with an additional 1.6 billion cubic meters of gas annually.

The contract is part of Turkey’s strategy to increase LNG imports, which will exceed 9 billion cubic meters per year by 2027. Botas has also previously signed agreements with ExxonMobil and Shell, confirming the country’s desire to diversify its energy sources and strengthen its position in the global energy market.

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