LNG

Turkey is finalising new LNG offtake agreements for 2027-2037, aiming to fulfil up to 13pct of its energy needs. Energy Minister Bayraktar revealed plans to diversify sources as Russian contracts end in 2025. Turkey seeks greater market flexibility. In 2023, Turkish LNG imports decreased slightly, mainly due to warmer weather and the Kahramanmaraş earthquakes. However, the country’s domestic gas userbase continues to expand, according to Natural Gas Distributors Union of Turkey.

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