TotalEnergies has signed a heads of agreement (HoA) to supply LNG to Türkiye.
In a deal aligned with its strategy to grow long-term LNG sales, the HoA signed with BOTAŞ calls for TotalEnergies to deliver 1.1 million tonnes/year of LNG for 10 years beginning in 2027.
“We are pleased to initiate a new long-term collaboration with BOTAS,” said Gregory Joffroy, senior vice-president, LNG, TotalEnergies in a release Sept. 18. “This agreement enables us to secure long-term sales and reduce our exposure to spot market gas price fluctuations,” he said.