Turkey, Turkmenistan agree gas supply deal for March
The deal, between Turkey's state-owned pipeline operator BOTAS and Turkmenistan's Turkmengaz, aims to begin gas flow on March 1, he said.
Turkey consumes more than 50 billion cubic metres of gas per year. It relies on a mix of piped gas from Russia, Azerbaijan, and Iran, along with LNG imports from various suppliers.
"With this agreement, which we have been working on for many years, we will further advance the strategic cooperation between the two countries while strengthening the natural gas supply security of our country and region," Bayraktar said in a statement.
The minister had previously said Turkey could buy up to 2 billion cubic meters of gas annually from Turkmenistan, with the gas expected to be transported via Iran's existing natural gas network.
Specific details regarding the volume of gas to be supplied under the new agreement and the exact terms of transit through Iran were not disclosed.
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