Business

Woodside to Supply 5.8 BCM LNG to Turkiye’s BOTAS

Turkiye’s Boru Hatları ile Petrol Taşıma A.Ş. (BOTAŞ) and the Australia-based Woodside on Wednesday said that they have signed an LNG Heads of Agreement (HOA) under which Woodside will supply BOTAŞ a total of approximately 5.8 billion cubic meters natural gas equivalent of LNG for up to nine years starting from 2030, primarily from the Louisiana LNG project.

The agreement was exchanged between Abdulvahit Fidan, BOTAŞ Chairman and General Manager, and Daniel Kalms, Woodside’s Chief Operating Officer International, in a ceremony witnessed by Alparslan Bayraktar, Turkiye’s Minister of Energy and Natural Resources, during his visit to the US for the 80th session of United Nations General Assembly (UNGA).

Speaking on the occasion, The Turkish Minister said that they were observing the signing of an agreement between a Turkish company and Woodside for the supply of LNG, primarily from Louisiana LNG in the US, which establishes a connection across continents.

“We believe this will be the beginning of a successful relationship between BOTAŞ and Woodside. The companies have already expressed their intention to expand the relationship beyond a proposed LNG sales agreement and build a strategic cooperation in the wider region, and we fully support this vision,” he added.

Welcoming the agreement, Daniel Kalms said that this is a landmark deal between Woodside and BOTAS as it is the inaugural long-term LNG supply arrangement between the two companies. More importantly, it stands as a testament to BOTAS’s confidence in the Louisiana LNG project, the US LNG sector and Woodside’s reputation for reliability and operational excellence.

This agreement also strengthens the Turkish-US relationship and paves the way for building a larger strategic relationship with BOTAS that supports energy security and economic growth for Turkiye and the US. Woodside appreciates the strong support from the Turkish and US governments to help advance this agreement, Kalms said.

The supply arrangement is subject to the parties entering a binding sales and purchase agreement, Woodside said.

Second Agreement

The agreement with BOTAS is second for Woodside in the last fortnight as Woodside Energy Trading Singapore Pte Ltd (Woodside) and Malaysia’s PETRONAS LNG Ltd (PLL), a subsidiary of Petroliam Nasional Berhad (PETRONAS), have finalised a fully termed sale and purchase agreement on September 10 for the supply of 1 million tonnes per annum (MTPA) of liquefied natural gas (LNG) to Malaysia from 2028 for a period of 15 years.

This milestone marks the successful conversion of the non-binding HOA signed in June 2025 into a binding commitment, reinforcing the shared ambition of both companies to deepen cooperation across the LNG value chain.

Under the agreement, LNG will be supplied from Woodside’s global portfolio, which may include volumes from the recently approved Louisiana LNG project in the US.

Woodside and PETRONAS share a long-standing relationship, having previously collaborated on exploration studies, research and development initiatives, and both spot and mid-term LNG transactions.

Global Business Magazine

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