Turkey’s BOTAS Expands LNG Supply Portfolio at Gastech 2025
At the Gastech 2025 forum in Milan, Turkey’s state-owned BOTAS signed multiple agreements to diversify its LNG supply sources. Among the deals, BOTAS agreed to purchase 1.2 bcm (approx. 0.9 Mt) of LNG from U.S. company Cheniere.
Turkey also signed a three-year deal with Germany’s SEFE for 0.6 bcm annually (total 1.8 bcm), a two-year 0.6 bcm deal with Hartree, and a 0.6 bcm supply contract with Japan’s JERA. Additionally, BOTAS announced agreements with BP (1.6 bcm/year over three years), Eni (0.5 bcm/year), and Oman LNG.
These agreements aim to reduce Turkey’s dependence on its traditional suppliers, namely the U.S., Algeria, and Nigeria. In 2024, Turkey imported 12 bcm (approx. 9 Mt) of LNG, and by mid-2025 had already reached 9.5 bcm. Energy Minister Alparslan Bayraktar stressed that this diversification will strengthen Turkey’s mid-term energy security and enable new commercial models.
2026-09-16
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
EU Finalizes Anti-Dumping Duties on BDO from China, with Rates up to 113.7%
-
India Imposes Final Anti‑Dumping Duties on Ethylenediamine from China, EU, Saudi Arabia, and Taiwan, China, with Top Rate of $575/tonne
-
India Imposes Anti-Dumping Duties on Rubber Chemicals from China, EU and U.S.
-
Urea Market Lacks Direction as China, Iran Supply and India Tender Shape Outlook
-
Venezuela’s Moron Petrochemical Complex Restarts as Regional Supply Risks Remain
-
EU Eyes Rare Trade Tool as PET, Epoxy Resin and Glass Fibre Face Import Curbs
-
German Chemical Industry Posts Q2 Rebound but Capacity Utilization Remains at 73.2%
-
BASF Raises European NPG and HDO Prices by Up to €300/Tonne as Costs Climb
-
EU Puts Chemicals on Its China De-Risking Watchlist
-
A $25 Billion Bill Hits Global Companies as Chemical Costs Are Repriced
Recommend Reading
-
Another Major Coating Manufacturer Acquired by a Central SOE: BNBM Acquires SUNROAD Group for Over RMB 300 Million, Locks in Three-Year Performance Pledge
-
Celanese to Close Acetate Tow Plant in Lanaken, Belgium by 2026
-
Wanhua's BorsodChem Restarts 650,000 T/Y of MDI and TDI Capacity in Europe
-
Major Fire Hits China-Russia Joint 2.7 Million T/Y Polyolefins Project, Killing 6 Chinese Nationals and Injuring 152 People
-
China’s Acrylic Emulsion Leaders Raise Prices by Up to 15% as Monomer Costs Surge
-
Business Society’s Market Outlook for Propylene Oxide on August 10, 2026: Price Trends Clearly Declining
-
Game Theory Does Not Change Stability, China's Acrylic Acid Market Operates with Balanced Supply and Demand
-
Business Society’s Market Outlook for Phthalic Anhydride on August 11, 2026: Continuing Downward Trend
-
This week, the price trend of China's 180CST fuel oil is downward
-
Business Society’s Market Outlook for Maleic Anhydride on August 10, 2026: Volatile