Turkmenistan's national gas company Turkmengaz has signed an agreement with the Turkish Petroleum Pipeline Corporation (BOTAS) to supply Turkmen gas to Türkiye, with first gas flows expected as soon as 1 March 2025. This new agreement builds on a March 2024 agreement on future hydrocarbon collaboration between the two countries. The volume of gas to be supplied is not specified, but Türkiye could import up to 2 bcm/year from Turkmenistan through Iran's existing gas network.
Türkiye currently imports 50 bcm of gas to meet its domestic consumption (2023). Gas imports mainly come from 5 countries: Russia ranks first (39%), followed by Iran (18%), Azerbaijan (16%), the United States (10%, LNG) and Algeria (10%, LNG) (2022). Meanwhile, Turkmenistan exports most of its gas production (72 bcm out of 94 bcm in 2023); in 2022, gas exports went mainly to China (77%), followed by Russia (16%) and Uzbekistan (7%).