SOCAR, BOTAŞ Sign Deal for Turkmen Gas Transport to Türkiye

BUSINESS TURKMENISTAN
SOCAR, BOTAŞ Sign Deal for Turkmen Gas Transport to Türkiye
Contract signing ceremony between SOCAR and BOTAŞ, June 4, 2024

The State Oil Company of Azerbaijan (SOCAR) and the Turkish state-owned Petroleum Pipeline Corporation BOTAŞ have signed several contracts for natural gas supply, transportation, and transit, including the transit of Turkmen gas, as reported by Azertac.

Azerbaijan's Minister of Economy and Chairman of SOCAR's Supervisory Board, Mikayil Jabbarov, and Türkiye's Minister of Energy and Natural Resources, Alparslan Bayraktar, attended the signing ceremony.

The agreements include transporting natural gas to Türkiye through SOCAR, delivering Azerbaijani gas to Bulgaria via Türkiye, and cooperating on gas supply to Nakhchivan. They also cover the transportation of Turkmen gas to Türkiye via Azerbaijan and other countries.

The Turkish state-owned company BOTAŞ has affirmed its willingness to assist in the export of Turkmen gas to the Turkish market earlier this year in January.

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