Eni has signed a long-term liquefied natural gas supply agreement with Turkish state-owned company Botas, marking its first multi-year LNG sale into the country. Under the deal, Eni will deliver about 400,000 tonnes per annum of LNG to Botas for 10 years starting in 2028. This agreement builds on a shorter-term contract signed in September 2025 for three years for similar volumes, which saw first deliveries in November.

Strategic Importance and Portfolio Growth

The transaction aligns with Eni's strategy to expand a diversified global LNG portfolio and secure stable relationships in key international markets. Turkey is considered strategic due to its rising demand and existent infrastructure. It is well-positioned relative to Eni's LNG projects in North, West, and East Africa and the US, and helps diversify its sales portfolio by complementing its anchor market in Europe. The company aims to grow its contracted LNG volumes to around 20 million tonnes per annum by 2030.

Leveraging Global Supply Projects

Eni plans to leverage supply from projects in Congo-Brazzaville, Mozambique, the US, Indonesia, and other countries to meet its portfolio target. Recent deals supporting this growth include a 20-year agreement with Venture Global for 2 million tpa from the CP2 LNG plant in the US, and new volumes from its Merakes field in Indonesia. Earlier this week, the company announced the start-up of Congo LNG Phase 2, with the Nguya FLNG unit in place and receiving first gas.

Turkey's Growing LNG Market

The deal also points to the growing role of LNG in Turkey’s energy mix as the country seeks to bolster supply security and flexibility. Speaking at the World LNG Summit & Awards in Istanbul, Turkey’s Minister of Energy & Natural Resources stated the country is one of the fastest-growing LNG markets in the world and is now the fourth largest gas buyer in Europe.