BOTAS And Woodside sign long-term LNG HoA
Published by Willow Munz,
Editorial Assistant
Tanks and Terminals,
Türkiye’s Boru Hatlari ile Petrol Tasima A.S. (BOTAS) and Woodside have signed an LNG heads of agreement (HoA) under which Woodside will supply BOTAS a total of approximately 5.8 billion m3 natural gas equivalent of LNG for up to nine years starting from 2030, primarily from the Louisiana LNG project, US.
The agreement was exchanged between Abdulvahit Fidan, BOTAS Chairman and General Manager, and Daniel Kalms, Woodside’s Chief Operating Officer International, in a ceremony witnessed by Alparslan Bayraktar, the Republic of Türkiye’s Minister of Energy and Natural Resources, during his visit to the US for the 80th Session of United Nations General Assembly.
Minister Bayraktar stated: “We are 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 BOTAS 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.”
Daniel Kalms added: “This is a landmark HoA between Woodside and BOTAS as it is the inaugural long-term LNG supply arrangement between our 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 Türkiye and the US. Woodside appreciates the strong support from the Turkish and US governments to help advance this agreement.”
The supply arrangement is subject to the parties entering a binding sales and purchase agreement.
Read the article online at: https://www.tanksterminals.com/storage-tanks/25092025/bota-and-woodside-sign-long-term-lng-hoa/