Turkey has reached a new long-term agreement to import a total of 33 bcm natural gas from Azerbaijan, Energy Minister Alparslan Bayraktar said on Sunday in a televised interview.

Under the deal, Turkey will receive 2.25 billion cubic metres of gas per year for 15 years from Azerbaijan’s Absheron field, totalling 33 billion cubic metres, Bayraktar said. Deliveries via pipeline are set to begin in 2029.

He added that final negotiations were concluded on Friday and that the agreement was expected to be signed shortly.
Source: Reuters