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Woodside signs nine-year LNG supply deal with Turkish company BOTAŞ

Australian producer Woodside has signed a binding agreement with Turkish state-owned company BOTAŞ for the delivery of 5.8 billion cubic metres of LNG starting in 2030.

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Australian group Woodside Energy has finalised a firm contract with Turkish state-owned company BOTAŞ (Boru Hatları ile Petrol Taşıma AŞ) for the supply of approximately 5.8 billion cubic metres of liquefied natural gas (LNG) over a period of up to nine years, with deliveries scheduled to begin in 2030. This commitment formalises a non-binding memorandum of understanding signed between the two companies in September.

The gas will be mainly shipped from Woodside’s LNG complex in Louisiana, United States. This site is under construction and represents the largest foreign investment ever made in the U.S. state. The project received its final financial approval at the end of April, following the return of President Donald Trump in January, who had pledged to revitalise the country’s energy exports.

A U.S.-based project at the heart of the supply

The first shipments from the Louisiana project are expected in 2029. In the meantime, Woodside plans to rely on its global portfolio to complement volumes if necessary. The company is currently Australia’s largest natural gas producer and continues to expand into international energy markets.

The contract signed with BOTAŞ marks Woodside’s first long-term agreement with a Turkish market player. It is part of a dynamic of strengthening energy relations between Australia, the United States and Turkey, while ensuring LNG supply stability for the Turkish market in the coming decade.

A strategic partnership aligned with global demand

“This supply agreement with BOTAŞ represents a strategic milestone for Woodside,” said Mark Abbotsford, Executive Vice-President and Chief Commercial Officer of Woodside. He added that the company appreciated the support shown by the Turkish and United States governments in finalising the partnership.

The development of this energy cooperation also reflects emerging markets’ growing interest in LNG as a lever for energy security. Turkey, seeking to diversify its sources of supply, is thus strengthening its import network with long-term contracts. The deal with Woodside is expected to secure a significant share of its future energy needs.

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