Turkey and Azerbaijan sign agreement on natural gas transportation via Georgia

2026-01-05

Turkey and Azerbaijan have signed a new agreement on the supply of 33 billion cubic meters of natural gas via Georgia, Report agency reported, citing Turkish Minister of Energy and Natural Resources Alfarslan Bayraktar. He stressed that the gas will be supplied to Turkey via the existing Baku-Tbilisi-Erzurum pipeline.

According to Bayraktar, the agreement envisages the supply of 2.25 billion cubic meters of natural gas per year from the Absheron field in the Caspian Sea for 15 years, the contract will enter into force in 2029 and will last until 2040. He said that through long-term contracts and a diversification strategy, Turkey will ensure energy security and continue to manage fuel prices at a competitive level. According to Report, according to data from the Energy Market Regulatory Authority of Turkey (EMRA), Azerbaijan exported 9.8 billion cubic meters of natural gas to Turkey from January to October last year, which is a 3.5% increase compared to the same period in 2024. Currently, Azerbaijan is the second largest exporter of natural gas to Turkey after Russia.

mpn.ge