Woodside signs long-term LNG supply agreement with Türkiye’s BOTAŞ

Woodside has executed a binding long-term LNG sale and purchase agreement with Türkiye’s state-owned natural gas company Boru Hatları ile Petrol Taşıma A.Ş. (BOTAŞ), converting a non-binding heads of agreement signed in September into a firm contract.

Under the terms, Woodside will supply BOTAŞ approximately 0.5 million tonnes per annum of LNG—equal to about 5.8 Bcm of natural-gas equivalent—over a period of up to nine years beginning in 2030. LNG will be sourced primarily from the under-construction Louisiana LNG project in the U.S., complemented by volumes from Woodside’s global portfolio.

Mark Abbotsford, Woodside executive vice president and chief commercial officer, said the agreement marks the company’s first long-term LNG supply arrangement into the Turkish market and demonstrates the flexibility of its diversified supply base. Woodside noted that government support in Türkiye and the U.S. helped advance the commercial milestone, and the company expects the deal to form the basis for deeper commercial and strategic cooperation with BOTAŞ across the LNG value chain.