Turkey's ambitions to become a regional gas hub just received a fresh boost after the country signed a 10-year agreement with French energy giant TotalEnergies
Turkey ’s ambitions to become a regional gas hub just received a fresh boost after the country signed a 10-year agreement with French energy giant TotalEnergies NYSETTE, Turkey ’s Daily Sabah reported on Wednesday. Under the terms of the deal, the oil and gas supermajor will supply Turkish state energy firm BOTAS with 1.1 million metric tons annually mtpa of liquefied natural gas LNG for 10 years starting in 2027.
and Oman. According to Turkish Energy Minister Alparslan Bayraktar, the supply deals will give Turkey 25 billion cubic meters bcm of surplus gas above the country's annual consumption of 50 bcm. 'We can supply to European markets, particularly to the ones in south-east Europe that are in need of gas,' said Bayraktar, who was in Houston to sign the deal, as reported by Reuters.
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