Turkey Secures 1.3 Billion Cubic Meters of Turkmen Gas by Year-End
Turkey Secures 1.3 Billion Cubic Meters of Turkmen Gas by Year-End

Turkey Secures 1.3 Billion Cubic Meters of Turkmen Gas by Year-End

News summary

Turkey is set to receive its first natural gas shipments from Turkmenistan starting March 1, 2025, marking a significant development after 27 years of negotiations. The gas will be transported through a swap agreement with Iran, as there is currently no direct pipeline connecting Turkmenistan and Turkey. Turkish Energy Minister Alparslan Bayraktar highlighted the importance of this agreement for enhancing Turkey's energy security and strategic cooperation with Turkmenistan. The initial volume of gas is estimated at around 2 billion cubic meters, although specific details have not been disclosed. This move is part of Turkey's broader strategy to diversify its energy supplies and position itself as a key energy hub for Europe. The agreement was formalized during meetings between Turkish and Turkmen officials, emphasizing the commitment to strengthen energy ties between the two nations.

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