Turkey : Long-term LNG purchase contracts to be signed with various suppliers

ANKARA – Turkey is set to finalise long-term contracts for liquefied natural gas (LNG) to cover the 2027-2037 period, in order to meet 12-13% of Turkey’s energy needs and to stabilise imports.

“We will soon share with the public the details of these long-term LNG contracts for the 2027-2037 period. We are making every effort to finalise the last agreements,” Energy Minister Alparslan Bayraktar told broadcaster AHaber.

As long-term contracts for Russian gas supply to Turkey expire in 2025, Mr. Bayraktar announced diversifying contracts with various global suppliers including Algeria, Qatar, Nigeria and the United States.