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Economy

BOTAŞ signs 20-year deal with Mercuria for 4 bcm of LNG annually

"BOTAŞ confirms a pivotal 20-year LNG deal with Mercuria, securing 4 bcm annually starting in 2026. Discover how this partnership bolsters Türkiye's energy future."

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BOTAŞ signs 20-year deal with Mercuria for 4 bcm of LNG annually
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Türkiye"s state-owned oil and gas company BOTAŞ has signed a 20-year agreement with Mercuria to supply 4 billion cubic meters (bcm) of liquefied natural gas (LNG) annually, starting in 2026. This deal is expected to enhance Türkiye"s energy security.

The agreement was announced on September 24, 2025, and marks a significant step in Türkiye"s efforts to secure stable energy supplies for the future. The partnership with Mercuria, a global energy and commodity trading company, is part of BOTAŞ"s strategy to diversify its energy sources.

This development comes amid ongoing discussions in the energy sector, including recent developments in other regions, such as the situation in Russia where gasoline supplies may be impacted due to a Gazprom plant incident in Bashkortostan. For more on this, see our previous reports.

The long-term contract with Mercuria is seen as a proactive measure to ensure that Türkiye can meet its energy demands while reducing reliance on other sources.