Woodside Energy and Türkiye’s state-owned Boru Hatları ile Petrol Taşıma A.Ş. (BOTAŞ) have finalised a long-term liquefied natural gas (LNG) supply agreement.
Under the agreement, Woodside will provide about 5.8 billion cubic metres of natural gas equivalent — around 0.5 million tonnes per annum — for up to nine years from 2030. The sale and purchase agreement (SPA) converts a non-binding Heads of Agreement signed in September into a binding contract, underlining both companies’ intention to deepen cooperation across the LNG value chain.
The LNG will be supplied mainly from Woodside’s under-construction Louisiana LNG project in the United States, alongside volumes from its broader portfolio.
“This supply agreement with BOTAŞ represents a strategic milestone for Woodside given it is our first long-term LNG supply arrangement with the Turkish market,” Woodside Executive Vice President and Chief Commercial Officer Mark Abbotsford said.
“It is yet another demonstration of the strength and flexibility of Woodside’s diversified portfolio and ability to deliver on our global ambitions. Woodside also appreciates the support shown by the Turkish and United States governments following the announcement of the HOA earlier this year.”
The deal reflects strengthening energy ties and is expected to support energy security and economic growth for Türkiye and the United States.