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türkiye and shell sign 10-year lng supply deal

2024-09-04

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reporterit was learned on september 3rd local time that turkey and shell signed a 10-year liquefied natural gas supply agreement on the 2nd, which will take effect in 2027.

according to the agreement,shell will supply about 4 billion cubic meters of liquefied natural gas per year to turkey's state energy company starting in 2027. this amount accounts for about 8% of turkey's total natural gas demand in 2023, according to turkey's national energy regulator.the agreement will last for 10 years starting in 2027 and will supply a total of about 40 billion cubic meters of liquefied natural gas.

turkish president recep tayyip erdogan and shell ceo vael savan held a closed-door meeting after turkey's state energy company signed a 10-year liquefied natural gas deal with shell.

in may this year, turkey's state-owned energy company reached a 10-year liquefied natural gas supply agreement with us energy giant exxonmobil, with an annual supply of up to 2.5 million tons. (cctv reporter yang yuan)

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