Turkey Secures a New Gas Agreement with Turkmenistan

Ankara strengthens its energy supply with an agreement signed on February 11, 2025, with Turkmengaz. The first deliveries of Turkmen natural gas are scheduled for March, marking a strategic step in diversifying gas sources for Turkey and Europe.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Energy relations between Turkey and Turkmenistan are taking on a new dimension with the signing of a natural gas transportation agreement. The agreement was concluded between the Turkish pipeline operator BOTAS and Turkmengaz, the Turkmen state-owned company. It provides for the start of deliveries on March 1, 2025, further strengthening Turkey’s import capacity.

An Expanding Gas Corridor

Turkey, which consumes more than 50 billion cubic meters of natural gas annually, is actively diversifying its supply sources. Mainly dependent on Russia, Azerbaijan, and Iran, as well as imported liquefied natural gas (LNG), the country is seeking to secure additional volumes to meet growing domestic and European market demands. The agreement signed with Turkmengaz marks a new step in this strategy to expand gas corridors.

Transit Through Iran Still Under Discussion

The precise terms of Turkmen gas transit to Turkey have not been fully disclosed, but one option being considered relies on Iran’s pipeline network. According to Alparslan Bayraktar, Turkey’s Minister of Energy, negotiations include the possibility of transit through Iran, enabling Turkey to access an annual volume of up to 2 billion cubic meters of gas from Turkmenistan. This alternative could further diversify supply routes and reduce Turkey’s reliance on specific energy corridors.

A Strengthened Regional Framework

This new agreement follows negotiations initiated in March 2024, when Turkey and Turkmenistan signed preliminary agreements to start gas supplies. In May 2024, another milestone was reached with an agreement integrating Azerbaijan and Georgia as transit corridors for Turkmen gas to Turkey. Discussions on infrastructure, particularly increasing the capacity of the South Caucasus Pipeline and the Trans-Anatolian Natural Gas Pipeline (TANAP), highlight the regional ambition to boost available volumes for Europe by 2030.

Strategic Impact on the Gas Market

The integration of Turkmenistan into Turkey’s import portfolio could not only strengthen the country’s energy security but also influence the European gas market. With increased export capacity, Turkmenistan could play a more central role in redistributing gas flows to Europe, thereby reducing pressure from other major suppliers. However, logistical and contractual details regarding transit remain key factors that will determine the scale and economic viability of this cooperation.

The ban on Russian liquefied natural gas requires a legal re-evaluation of LNG contracts, where force majeure, change-in-law and logistical restrictions are now major sources of disputes and contractual repricing.
The US House adopts a reform that weakens state veto power over gas pipeline projects by strengthening the federal role of FERC and accelerating environmental permitting.
Morocco plans to commission its first liquefied natural gas terminal in Nador by 2027, built around a floating unit designed to strengthen national import capacity.
An explosion on December 10 on the Escravos–Lagos pipeline forced NNPC to suspend operations, disrupting a crucial network supplying gas to power stations in southwestern Nigeria.
At an international forum, Turkmenistan hosted several regional leaders to discuss commercial cooperation, with a strong focus on gas and alternative export corridors.
The Australian government has launched the opening of five offshore gas exploration blocks in the Otway Basin, highlighting a clear priority for southeast supply security amid risks of shortages by 2028, despite an ambitious official climate policy.
BlackRock sold 7.1% of Spanish company Naturgy for €1.7bn ($1.99bn) through an accelerated bookbuild managed by JPMorgan, reducing its stake to 11.42%.
The British company begins the initial production phase of Morocco's Tendrara gas field, activating a ten-year contract with Afriquia Gaz amid phased technical investments.
The Energy Information Administration revises its gas price estimates upward for late 2025 and early 2026, in response to strong consumption linked to a December cold snap.
Venture Global denies Shell’s claims of fraud in an LNG cargo arbitration and accuses the oil major of breaching arbitration confidentiality.
The Valera LNG carrier delivered a shipment of liquefied natural gas (LNG) from Portovaya, establishing a new energy route between Russia and China outside Western regulatory reach.
South Stream Transport B.V., operator of the offshore section of the TurkStream pipeline, has moved its headquarters from Rotterdam to Budapest to protect itself from further legal seizures amid ongoing sanctions and disputes linked to Ukraine.
US LNG exports are increasingly bypassing the Panama Canal in favour of Europe, seen as a more attractive market than Asia in terms of pricing, liquidity and logistical reliability.
Indian Oil Corporation has issued a tender for a spot LNG cargo to be delivered in January 2026 to Dahej, as Asian demand weakens and Western restrictions on Russian gas intensify.
McDermott has secured a major engineering, procurement, construction, installation and commissioning contract for a strategic subsea gas development offshore Brunei, strengthening its presence in the Asia-Pacific region.
The partnership between Fluor and JGC has handed over LNG Canada's second liquefaction unit, completing the first phase of the major gas project on Canada’s west coast.
Northern Oil and Gas and Infinity Natural Resources invest $1.2bn to acquire Utica gas and infrastructure assets in Ohio, strengthening NOG’s gas profile through vertical integration and high growth potential.
China has received its first liquefied natural gas shipment from Russia’s Portovaya facility, despite growing international sanctions targeting Russian energy exports.
Brazil’s natural gas market liberalisation has led to the migration of 13.3 million cubic metres per day, dominated by the ceramics and steel sectors, disrupting the national competitive balance.
Sasol has launched a new gas processing facility in Mozambique to secure fuel supply for the Temane thermal power plant and support the national power grid’s expansion.

All the latest energy news, all the time

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.