Australian energy major Woodside Energy (ASX:WDS) has signed a nine-year liquefied natural gas supply agreement with Turkey's state-owned gas importer BOTAŞ, marking the company's first long-term contract in the Turkish market.
Under the deal, Woodside will deliver approximately 5.8 billion cubic metres of natural gas equivalent, or 0.5 million tonnes of LNG annually, beginning in 2030.
The LNG will primarily be sourced from Woodside’s under-construction Louisiana LNG Project in the United States, alongside volumes from the company's broader portfolio.
"This supply agreement with BOTAŞ represents a strategic milestone for Woodside, strengthening our presence in the Turkish market and supporting long-term energy security," said Mark Abbotsford, Woodside’s executive vice president and chief commercial officer.