Newsletters
Türkiye plans to renew and expand its liquefied natural gas agreement with Algeria this year, Energy and Natural Resources Minister Alparslan Bayraktar said on Friday, with annual volumes potentially rising to as much as 6.5 billion cubic meters (bcm).
Speaking to reporters at the Presidential Complex in Ankara, Bayraktar stated that the two countries discussed energy cooperation, particularly LNG trade, as well as oil and natural gas exploration activities during the Türkiye-Algeria High-Level Strategic Cooperation Council meeting chaired by President Recep Tayyip Erdogan and Algerian President Abdelmadjid Tebboune.
The minister noted that the current LNG agreement between the two countries covers 4.4 billion cubic meters annually and is set to expire in September 2027.
"We hope to sign a new agreement within this year," Bayraktar remarked, adding that Türkiye is ready to increase annual LNG imports from Algeria to between 6 billion and 6.5 billion cubic meters and extend the contract period by five to 10 years.
He stressed that Türkiye is prepared to offer such guarantees to Algeria, unlike European countries, which have struggled to provide long-term purchase commitments.
In 2025, Türkiye's LNG imports reached 17 bcm, accounting for roughly 30% of total natural gas purchases, while the proposed Algerian shipments would make up around 30% of the country’s total LNG imports, according to official data.
Bayraktar pointed to plans that could allow Algerian LNG to be transported onward to Southeast Europe through Türkiye.
Under the proposal, LNG shipments would first arrive in Türkiye before part of the supply is regasified at Turkish facilities and delivered to Europe, particularly through Bulgaria, he explained.
In a social media post, Bayraktar also revealed that another key topic during the talks was cooperation between Türkiye’s state energy company, TPAO, and Algeria’s national oil and gas firm, Sonatrach.
The sides discussed conducting oil and natural gas exploration activities in Algerian waters using Türkiye’s seismic research and drilling vessels, he added.
Set as preferred source
Set as preferred source
1 min read
1 min read
