Turkey Extends Gazprom Deal as It Accelerates LNG Pivot ...Middle East

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Turkey Extends Gazprom Deal as It Accelerates LNG Pivot
source : OILPRICE ( Middle East ) () 75
Turkey has extended two natural gas supply contracts with Gazprom by a year, set to receive 22 billion cu m until the end of 2026, Ankara’s energy minister, Alparslan Bayraktar, said, as quoted by Reuters, today. Despite the extension, Turkey has been reducing the share of Russian gas in its gas consumption, and this share now represents less than 40% of the total. Meanwhile, the government is considering investments in U.S. gas to diversify its supply base. Liquefied natural gas is also in the mix, with Ankara recently inking several contracts…

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