Türkiye signed a liquefied natural gas import agreement with UK energy major BP Plc and said additional deals are pending with Shell Plc and Eni SpA, part of its push to boost supply of the superchilled fuel.
State-run gas company Botas will buy around 1.6 billion cubic meters of LNG a year from BP for three years, Turkish Energy Minister Alparslan Bayraktar said on X, without specifying a start date. Pacts with Shell and Eni are also set to be announced on Tuesday on the sidelines of the Gastech conference in Milan, he told Bloomberg.
The BP deal “is particularly important in terms of ensuring our supply security, especially in the winter months, increasing resource diversity, and strengthening commercial flexibility,” Bayraktar wrote on X.
Türkiye has inked a series of new LNG import agreements in the past two years as it seeks to diversify an import mix that’s long been dominated by pipeline volumes from Russia. Long-term contracts with both Russia and Iran are up for renegotiation within the next year.