TotalEnergies Secures Long-term LNG Sales Agreement with BOTAŞ in Türkiye

TotalEnergies has signed a Heads of Agreement (HoA) with BOTAŞ for the supply of 1.1 million tons of LNG per year over ten years, beginning in 2027. The new agreement solidifies TotalEnergies' long-term presence in the Turkish LNG market.

This partnership emphasizes the role of natural gas as a transitional energy source, mitigating the intermittency of renewable energy and reducing emissions by replacing coal in electricity generation. The agreement also allows TotalEnergies to secure long-term sales and minimize exposure to spot market gas price volatility.

TotalEnergies, recognized as the world's third largest LNG player with a portfolio of 44 Mt/y in 2023, aims to increase the share of natural gas in its sales mix to nearly 50% by 2030. The company remains committed to reducing carbon emissions and enhancing sustainability in collaboration with local partners.