Fossil Energy – Gas Purchase
OMV Petrom, the largest integrated energy company in Southeast Europe, signed a contract for the purchase of natural gas with BOTAŞ, the national oil and gas company of Türkiye.
The contract was signed for a period of 18 months, starting October 2023 and allows for the supply of up to 4 million cubic meters per day.
The two companies also signed a memorandum of understanding to expand collaboration in the field of liquified natural gas (LNG) in Southeast Europe
The gas is to be delivered outside Türkiye, at the Malkoclar/Strandja point. The main destination market of the gas is Romania.