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BOTAS and SOCAR sign 15-year, 33 BCM natural gas supply deal starting in 2029

Carlos by Carlos
June 7, 2026 at 3:13 PM
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Gastech

BOTAS and SOCAR signed a 15-year natural gas supply agreement at Baku Energy Week, committing Azerbaijan to deliver 33 billion cubic meters of gas to Türkiye between 2029 and 2044. French energy major TotalEnergies and Abu Dhabi’s ADNOC joined as co-signatories — a deal that Türkiye’s Energy and Natural Resources Ministry described as opening a new phase in the two countries’ established energy partnership.

Agreement Signed at Baku Energy Week

The signing took place during Baku Energy Week, one of the region’s most prominent energy gatherings. BOTAS, SOCAR, TotalEnergies, and ADNOC all put their names to the agreement, signaling broad multilateral backing. A French major and a Gulf national oil company appearing alongside two state energy firms says something about the scale of ambition behind the arrangement.

Türkiye’s Energy and Natural Resources Ministry was direct in its assessment. Officials described the deal as marking a new phase in the bilateral energy relationship between Ankara and Baku — a partnership already built on decades of shared infrastructure and upstream collaboration.

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Absheron Gas Field to Anchor Supply

The gas committed under this deal will draw primarily from the Absheron gas-condensate field, located roughly 100 kilometers southeast of Baku in the Caspian Sea. The field holds an estimated 350 billion cubic meters of natural gas reserves, along with approximately 45 million tons of condensate — figures that place it among Azerbaijan’s most significant offshore discoveries.

Commercial production at Absheron began in 2023 under Phase 1, led jointly by SOCAR and TotalEnergies. Expansion phases are already planned, with output expected to rise substantially over the coming years — a trajectory that aligns with the delivery schedule in the new supply agreement, which does not begin until 2029. That gap leaves time for production capacity to scale up before the first deliveries are due.

The field’s reserve base and development timeline make it a logical anchor for long-term export commitments of this size. Its role here is anything but incidental.

Deal Supports Türkiye’s Regional Energy Hub Ambitions

Türkiye’s ministry was explicit that this agreement goes beyond a bilateral gas deal. Officials stated it advances Ankara’s broader goal of positioning the country as a regional energy hub — a strategic objective that has shaped Turkish energy policy for years.

Enhanced supply from Azerbaijan, the ministry noted, would benefit not just Türkiye but also neighboring countries and European markets. That framing places the agreement within a wider geopolitical context, particularly as Europe continues seeking alternatives to Russian pipeline gas.

Minister Alparslan Bayraktar pointed to the Trans-Anatolian Natural Gas Pipeline, known as TANAP, as a key piece of infrastructure with room to grow — currently carrying significant unused capacity. He stressed the importance of utilizing it. Bayraktar also announced that Türkiye is actively negotiating additional supply agreements while expanding gas and electricity interconnections with neighboring countries and European partners.

Turkmen Gas Transit and Broader Pipeline Context

President Recep Tayyip Erdogan used his remarks at Baku Energy Week’s opening ceremony to place the new deal within a longer history of Azerbaijani-Turkish energy cooperation. He cited the Baku-Tbilisi-Ceyhan oil pipeline, the Baku-Tbilisi-Erzurum gas pipeline, and TANAP as evidence of how deep the bilateral infrastructure relationship runs, and referenced joint work in the Azeri-Chirag-Gunashli and Shah Deniz fields, along with the emerging Shafag-Asiman project.

Erdogan went further, pointing toward Turkmenistan. “There are significant opportunities ahead of us to further develop our cooperation on the export of Turkmen gas via Azerbaijan and Türkiye,” he said. The comment drew attention to the Trans-Caspian pipeline concept — a long-discussed proposal that would route Turkmen gas across the Caspian Sea to Azerbaijan, then onward through the Southern Gas Corridor to Türkiye and Europe.

That project has not moved beyond the discussion stage. It remains a prospect rather than a commitment, though both Erdogan and Bayraktar signaled growing momentum around the idea.

Key Takeaways

The BOTAS-SOCAR agreement covers 33 billion cubic meters of natural gas over 15 years, with deliveries running from 2029 to 2044. The Absheron gas-condensate field, now in commercial production, is expected to serve as the primary supply source. TotalEnergies and ADNOC are co-signatories, giving the deal a distinctly international character.

Türkiye frames the agreement as part of its energy hub strategy, with TANAP’s spare capacity positioned as a ready conduit. Turkmen gas transit remains under discussion but has not advanced to implementation. Ankara, meanwhile, is pursuing further supply agreements and infrastructure connections with neighboring and European partners.

Author Profile
Carlos_Writer
Carlos

Carlos is an engineer with strong expertise in technical and industrial topics. He previously worked at international companies such as Siemens and speaks Spanish, German, English, and Italian.

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