Energy will be key to achieving the $100 billion trade target between Washington and Ankara, the U.S. Consul General in Istanbul said, calling Türkiye a strategic partner in strengthening energy security and supply resilience.
Speaking to Anadolu at the 25th World Liquefied Natural Gas (LNG) Summit in Istanbul, Michael Lally said LNG cooperation offers concrete ways to accelerate trade growth.
“We have to work towards that $100 billion goal, and the road there is energy,” he said.
Turkish firms have signed multibillion-dollar LNG deals with US companies, reinforcing energy’s central role in commercial ties.
Lally described Türkiye as a major partner providing energy security and competitive pricing.
Türkiye, Europe’s fourth-largest natural gas market, has boosted regasification capacity to 161 million cubic meters per day and increased storage to more than 6 bcm.
BOTAS now sources gas from 22 countries and 33 companies.
Lally said Türkiye’s investments in infrastructure make it an attractive market and support long-standing U.S.-Türkiye energy cooperation.
He noted that energy was a central topic during the Sept. 25 meeting between the two countries’ presidents and highlighted cooperation in LNG, infrastructure and regional supply.
Lally also pointed to a newly signed civil nuclear agreement and a civil aviation deal involving Boeing aircraft for Turkish Airlines as examples of expanding private-sector engagement.
“We are always very happy to collaborate with our Turkish partners,” he said.