Turkiye is set to finalise long-term contracts for liquefied natural gas (LNG) to cover the 2027-2037 period, Energy Minister, Alparslan Bayraktar, said, Turkish local media reports. According to the report, the agreements, aimed at securing approximately 5-6 billion cubic metres of LNG annually, will meet 12-13 per cent of Turkiye’s energy needs. “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,” Bayraktar told broadcaster, A Haber. Turkiye consumes over 50 billion cubic metres of gas per year. Long-term contracts for the supply of Russian gas to Turkiye expire in 2025 and Bayraktar, in late April, announced the formation of a new […]
