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OMV Petrom signed a gas purchase contract with BOTAŞ (Türkiye)

DOWNSTREAM CENTRAL ASIA AND CASPIAN

OMV Petrom signed a gas purchase contract with BOTAŞ (Türkiye)

OMV Petrom, the largest integrated energy company in Southeast Europe, signed a contract for the purchase of natural gas with BOTAŞ, the national oil and gas company of Türkiye. The contract was signed for a period of 18 months, starting October 2023 and allows for the supply of up to 4 million cubic meters per day.

Source: OMVPetrom

Natural gas is essential for a successful energy transition. Through the contract signed with BOTAŞ, we ensure access to a new source of natural gas for Romania, and we contribute to the consolidation of the country's energy supply. In addition, the memorandum will enable the diversification of LNG access to Romania.

Franck Neel, member of the OMV Petrom Executive Board

The gas is to be delivered outside Türkiye, at the Malkoclar/Strandja point. The main destination market of the gas is Romania.

At the same time, the two companies will expand their collaboration through a memorandum of understanding in the field of LNG.

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