Eni Signs Long-Term LNG Supply Agreement with Turkish Company BOTAŞ

Industry News

Eni Signs Long-Term LNG Supply Agreement with Turkish Company BOTAŞ

Updated on Dec 04, 2025, 12:27 PM IST
Written & Edited by Parvathy S

Eni, an Italian energy company, has entered into a long-term liquefied natural gas (LNG) sale agreement with the Turkish state-owned company BOTAŞ, marking a significant expansion of the company's global LNG portfolio and its first long-term LNG sale to Türkiye.

Contract Details and Timeline

Under the new agreement, Eni will supply BOTAŞ with approximately 0.4 million tons of LNG per annum for 10 years starting in 2028. The contract represents a substantial commitment between the two companies, extending their business relationship well into the next decade. This long-term deal builds upon an existing relationship between Eni and BOTAŞ.

The companies previously signed a 3-year agreement in September 2025 for the supply of approximately 0.4 million tons of LNG per annum, with deliveries beginning in November 2025.

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Strategic Significance for Eni

The agreement aligns with Eni's broader strategy to develop a diversified global portfolio and establish stable, multi-year relationships in key international markets. The contract supports the company's objective of expanding its customer base in high-growth markets. Eni is working toward growing its LNG portfolio to approximately 20 million tons per annum by 2030.

The company plans to achieve this expansion by leveraging its projects across multiple countries, including Congo, Mozambique, the United States, Indonesia, and other international locations.

Market Impact and Geographic Expansion

The agreement confirms the growing role of LNG in supporting Türkiye's energy needs, representing Eni's first long-term LNG sale to the country. This milestone demonstrates the company's commitment to diversifying its global LNG footprint beyond its traditional markets. The contract strengthens Eni's position in the Turkish energy market and provides the company with additional contracted volumes, enhancing the stability of its LNG business.

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