Gazprom is in discussions with its Turkish partners regarding natural gas contracts and the possibility of extending them into 2026, according to Russian Deputy Prime Minister Alexander Novak's response to a related question.
“Gazprom remains in contact with Turkish partners,” Novak told journalists when asked whether Russia would extend its contracts with Turkey for the coming year.
Novak had previously stated that Turkish companies are interested in extending their expiring gas agreements with Russia, and work is underway with Gazprom. According to a protocol from the 19th session of the Russian-Turkish intergovernmental commission on trade and economic cooperation, available to TASS, both Russia and Turkey are interested in extending gas supply and export contracts on mutually beneficial terms.
Contracts between Gazprom and the Turkish state-owned oil and gas company Botas are set to expire at the end of this year. These include the agreement for supplies via the Blue Stream pipeline, with an annual capacity of 16 billion cubic meters, and a four-year contract for the annual supply of 5.75 billion cubic meters via the TurkStream pipeline. Additionally, as part of the liberalization of the Turkish gas market and the entry of new private players, Gazprom Export signed long-term contracts with private Turkish companies in 2007 and 2012 for Russian gas deliveries to Turkey. Several of these contracts are also nearing their end around 2025-2026.
In 2025, Gazprom reported five meetings with Turkish partners to discuss the progress and prospects of Russian gas supplies to the republic. These discussions included cooperation with Botas and Bosphorus Gaz Corporation A.S.
In 2024, Russia increased its pipeline gas supplies to Turkey by 2.6%, reaching just over 21 billion cubic meters. Russia delivers gas to Turkey via two pipelines through the Black Sea. The Blue Stream pipeline was launched in early 2003, with a designed capacity of 16 billion cubic meters per year and a total length of 1,213 km. The export pipeline TurkStream consists of two strings, one for supplies to Turkish consumers and the other for gas deliveries to countries in Southern and Southeastern Europe. The combined capacity of TurkStream is 31.5 billion cubic meters per year, and it began operations in January 2020.
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Photo: Gazprom
Based on materials from TASS