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Turkey has sealed a series of LNG deals this month
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Gas supply deals with Russia end this year, no new deal
yet
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Trump pressing Europe to halt Russia energy purchases
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Erdogan to meet Trump on Thursday
(Adds other deals, Erdogan to meet Trump, background)
By Can Sezer and Daren Butler
ISTANBUL, Sept 24 (Reuters) - Turkey has signed a
20-year deal with trading company Mercuria to buy U.S. liquefied
natural gas, Energy Minister Alparslan Bayraktar said on
Wednesday, as U.S. President Donald Trump pushes for Europe to
halt Russian energy purchases.
The deal comes ahead of Turkish President Tayyip Erdogan's
meeting with Trump on Thursday.
Russia is Turkey's largest supplier of gas imports, although
Ankara has diversified in recent years. The new deal is one of
several it has secured this month ahead of this year's expiry of
at least 16 billion cubic metres worth of gas import deals with
Russia.
The European Union plans to ban Russian LNG imports into the
bloc by the end of 2026 under its latest package of sanctions
against Moscow, as Trump presses it to play a more robust role
in helping end Russia's war in Ukraine.
Turkey has not yet agreed new supply deals with Russia.
State energy company BOTAS signed the latest deal in New
York during Erdogan's visit, agreeing the annual supply of 4 bcm
of LNG to Turkey from 2026, with a total supply of some 70 bcm
envisaged.
Supplies will be sourced from loading terminals in the U.S.
and regasification facilities in Turkey, Europe, and North
Africa.
"This agreement will significantly contribute to the $100
billion trade volume target with the U.S.," Bayraktar said,
adding that the deal aimed to enhance supply security and
diversify Turkey's energy sources.
BOTAS also signed a long-term preliminary LNG deal with
Woodside Energy ( WDS ), Australia's top gas producer,
a Turkish Energy Ministry statement said.
That agreement provides for the supply of some 5.8 bcm of
LNG to BOTAS for nine years, starting in 2030, mostly from
Woodside's Louisiana LNG project.
Russia supplied 40% of Turkey's 52 bcm of gas imports last
year. The U.S. was Turkey's fifth largest supplier, slightly
behind Algeria, providing 10% of gas imports.
The energy deals come as Turkey moves to improve ties with
Washington. On Monday, Ankara said it had lifted retaliatory
tariffs imposed in 2018 on a range of U.S. imports, including
passenger cars and fruit. The decision was seen as a gesture of
goodwill ahead of Erdogan's meeting with Trump.
BOTAS is responsible for Turkey's oil and gas infrastructure
and gas trade. Mercuria is one of the world's largest energy and
commodity groups.