Turkey Signed an LNG Delivery Agreement with TotalEnergies

Turkey Signed an LNG Delivery Agreement with TotalEnergies

Turkey has signed a "long-term" agreement with the French group TotalEnergies for the delivery of liquefied natural gas (LNG) over ten years starting in 2027, Turkish Energy Minister Alparslan Bayraktar announced on Wednesday, September 18.

"We have signed a long-term LNG agreement between our national company Botas and TotalEnergies," the minister said on the social network X.

"With this agreement, which will be valid for 10 years starting in 2027," he explained, "sixteen LNG shipments amounting to approximately 1.6 billion cubic meters will be delivered annually."

"Our long-term LNG agreements are of great importance to ensure the security of energy supply for our country and our region, increase the diversity of our resources, and provide flexibility in our energy supply," the minister emphasized.

Turkey imports the majority of its gas consumption from Russia, as well as from Qatar and Azerbaijan.

Liquefied natural gas (LNG) is considered a clean and low-pollution energy source, particularly used in transportation.

Source:AFP