Air Freight News

Turkey readies LNG import deal with France’s TotalEnergies

Turkey is preparing to sign a liquefied natural gas supply agreement with France’s TotalEnergies SE as soon as next week, according to an official.

The 10-year-deal with state-run importer Botas is expected to be finalized during Turkish Energy Minister Alparslan Bayraktar’s visit to the US to speak at the Gastech conference, which runs from Sept. 17-20, the person said.

The official, who asked not to be identified because they weren’t authorized to speak publicly, didn’t elaborate on the terms of the deal. The Energy Ministry declined to comment. Total didn’t immediately respond to a request for comment.

An LNG pact with Total would be Botas’s third this year, as Turkey seeks to diversify its sources of supply and become a hub for natural gas. Last week it signed a 10-year supply deal with Shell Plc starting in 2027. In April it signed another 10-year agreement with Oman.

Bloomberg
Bloomberg

© Bloomberg
The author’s opinion are not necessarily the opinions of the American Journal of Transportation (AJOT).

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