Turkey is undertaking a strategic overhaul of its gas supply. Once overwhelmingly dependent on pipeline gas from Russia and Iran, Ankara is now doubling down on alternative sources. State energy company BOTAŞ has struck a flurry of long-term LNG deals with a range of suppliers. In September, it signed a landmark 20-year agreement with Mercuria to import about 4 bcm of U.S. LNG annually starting in 2026 tradingview.com. This single deal will total roughly 70 bcm over two decades. Energy Minister Alparslan Bayraktar hailed it as a “milestone” for Turkey’s energy security, enabling BOTAŞ to play a bigger role in global LNG trade nordicmonitor.com. A separate preliminary pact with Australia’s Woodside will add ~5.8 bcm over nine years from 2030 nordicmonitor.com. These agreements underscore Ankara’s intent to lock in diverse gas supplies for the long haul.
