The state-backed Turkish Petroleum Pipeline Corporation (Botas) has signed a 20-year liquefied natural gas (LNG) supply deal with commodity trader Mercuria.
The agreement includes the supply of 70 billion cubic metres (bcm) of natural gas, or 4 bcm per year, from US sources over the next 20 years, state-run Anadolu news agency reported, citing energy and natural resources minister Alparslan Bayraktar.
Bayraktar said the deal would strengthen Botas’s role in global LNG markets and contribute to the goal of raising US-Turkey trade volumes to $100 billion.
Deliveries are expected to begin in 2026 from US loading ports and can be shipped to regasification terminals in Turkey, Europe and North Africa.
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Botas also signed a preliminary long-term LNG agreement with Australia’s Woodside.
In September 2024, Botas signed a deal to purchase 16 bcm of LNG from France’s TotalEnergies.