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LNG: Botas Could Agree TotalEnergies LNG Supply Deal Next Week

LNG

Turkey’s Botas is preparing to sign a 10 year LNG supply agreement with France’s TotalEnergies potentially next week, according to an official cited by Bloomberg.

  • The deal is expected to be finalized during Turkish Energy Minister Alparslan Bayraktar’s visit to the US from Sept. 17-20.
  • A deal would be the third agreed by Botas this year as Turkey seeks to diversify its supply sources and become a natural gas hub.
  • Last week, Turkey and Shell signed a 10-year LNG supply deal starting in 2027 with an option to redirect shipments to Europe and followed another 10-year agreement with Oman signed in April.

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