Turkey Goes on LNG Spree in Milan to Guard Against Russia Risks

Turkey clinched a flurry of liquefied natural gas contracts at a major industry conference this week, helping to support its foreign trading ambitions and cut its reliance on longstanding suppliers Russia and Iran.

State-run gas company Botas signed eight agreements with energy majors from across the globe at the Gastech conference in Milan, giving it access to around 6 billion cubic meters of additional liquefied natural gas a year. That’s almost half its imports of the fuel in 2024.