A long-term natural gas supply agreement has been signed between BOTAŞ, SOCAR, TotalEnergies and ADNOC Group during the Baku Energy Forum, in the presence of Azerbaijani President Ilham Aliyev.
The 15-year agreement provides for the supply of 33 billion cubic metres of natural gas to Türkiye from 2029 onwards. The volumes will be supported by new production investments in the Absheron gas field, located offshore Azerbaijan.
The agreement represents a significant step in strengthening regional energy cooperation and enhancing long-term energy security. It is also expected to support reliable natural gas supplies to both Türkiye and European markets, helping to meet growing demand while reinforcing the region’s role as an important energy corridor.
Industry observers view the agreement as a further demonstration of the strategic partnerships being developed between key energy producers and consumers, aimed at ensuring stable and secure energy supplies for the coming decades.
For more information visit www.bakuenergyforum.az
