Turkey ups export capability, supply diversity
Turkey ups export capability, supply diversity with 10-year TotalEnergies LNG deal
Turkey took a further step towards becoming a regional gas re-exporter on Wednesday, after state energy company Botas signed a 10-year supply agreement with France's TotalEnergies, its fourth long-term import deal with non state-owned firms this year.
Turkey Boosts Gas Hub Aim With 10-Year TotalEnergies Supply Deal
Turkey signed a 10-year liquefied natural gas supply agreement with France’s TotalEnergies SE with the option to redirect cargoes to Europe and Egypt, the second such deal this month as the country accelerates its bid to become a regional hub for the fuel.
Turkey Signs 10-Year LNG Supply Deal With 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
Long Term LNG Sales in Türkiye: TotalEnergies Will Supply 1.1 Million Tons Per Year to BOTA for 10 Years
This agreement allows TotalEnergies to strengthen a long-term presence in the Turkish LNG market. Natural gas plays a crucial role as a transition energy, addressing the intermittency of renewable energy sources and reducing emissions by replacing coal in electricity generation.
TotalEnergies inks new long-term LNG supply deal with Turkey's Botas
TotalEnergies (NYSE:TTE) said Wednesday it signed a heads of agreement with Turkey's state-owned Botas to supply 1.1M metric tons/year of liquefied natural gas for 10 years starting in 2027, strengthening the company's long-term presence in the Turkish LNG market.
Turkey Seals LNG Deal With France's TotalEnergies
Turkey's energy minister announced Wednesday a 10-year deal to receive liquefied natural gas from French firm TotalEnergies as the country, heavily dependent on Russia, seeks to diversify its source of supplies.
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