Turkey’s Gas Hub Plans Boosted by 10-Year LNG Deal With Shell

On Monday, Turkey signed a ten-year agreement with Shell under which the supermajor will supply Turkish state energy firm BOTAS with LNG for ten years starting in 2027, in a boost to Turkey’s plans to become a regional gas hub for Europe and the Mediterranean. The agreement envisages Shell supplying up to 4 billion cubic meters of liquefied natural gas per year to BOTAS from its U.S. and global portfolio, the Turkish company said on Monday. The agreement will enable BOTAS to expand its LNG access and use its terminal and pipeline infrastructure…