Turkey signs long-term gas supply agreement with the USA, strengthening energy security and resource diversification
A significant development has taken place in Turkey’s energy sector as the country has entered into a twenty-year agreement with American company Mercuria, one of the world’s leading energy corporations, concerning the supply of liquefied natural gas (LNG).
This contract, signed with Turkey’s national entity BOTAŞ, marks a strategic step towards enhancing Turkey’s energy independence and ensuring long-term gas supply stability.
The agreement stipulates an annual import of approximately 4 billion cubic meters of LNG, which totals around 70 billion cubic meters of natural gas from various sources—from the United States to regional gasification plants across Europe, Turkey, and North Africa.
Energy Minister Alparslan Bayraktar emphasized that this deal improves the efficiency of Turkey’s LNG trade, supports price stability, and enhances resource diversification.
Deliveries under this contract are expected to begin as early as 2026.
Politically, the energy cooperation will be a key topic during the upcoming meeting of U.S.
and Turkish presidents scheduled for September 25.
Bayraktar added that this agreement will positively impact Turkey’s energy stability and bolster its position in the global energy market.
Additionally, it is noteworthy that within the framework of sanctions imposed on Russia, the European Union plans to phase out Russian LNG and oil by 2027, emphasizing the importance of diversifying import sources for EU nations and Turkey.