(MENAFN- AzerNews) Türkiye has signed a natural gas purchase agreement with Oman
that will be valid for the next 10 years, Energy and Natural
Resources Minister Fatih Donmez announced Monday.
A delegation from the Turkish state energy company BOTAŞ visited
Oman for the agreement that will see Türkiye buying an annual 1.4
billion cubic meters (bcm) of gas from Oman, Dönmez told an event
in Istanbul.
The agreement with Oman also includes an opportunity to be
extended further if needed, Donmez told the Summit of Century of
Türkiye in Energy.
“At a time when the world, especially Europe, is suffering from
gas supply problems, Türkiye is taking all steps to become a gas
trade center,” he said.
Türkiye is almost entirely dependent on imports to cover its
energy needs, which leaves it vulnerable to rising costs. Domestic
demand has increased since the pandemic.
It imports gas mainly from Russia, Azerbaijan and Iran, as well
as liquified natural gas (LNG) from Qatar, the United States,
Nigeria and Algeria.
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