Türkiye has signed a "long-term agreement" with French group TotalEnergies on the supply of liquefied natural gas (LNG) for 10 years as of 2027, Turkish Energy Minister Alparslan Bayraktar announced on Wednesday.
"Our national company BOTAŞ and TotalEnergies have signed a long-term LNG agreement," Minister Bayraktar said in a statement at X.
"With this agreement, which will be in force for 10 years starting from 2027, 16 LNG cargoes, approximately 1.6 billion cubic metres each, will be delivered each year," the minister said.
"Our long-term LNG agreements are of vital in terms of guaranteeing the energy supply security of our country and our region, increasing the diversity of our resources and ensuring the flexibility of our energy supply," the Minister said.
Türkiye imports a major part of its gas consumption from Qatar and Azerbaijan as well as Russia.
Liquefied natural gas (LNG) is considered a clean, low-pollution energy source, especially for transport.