Turkey's BOTAS to begin gas exports to Romania (updated)

OMV Petrom SA

27/09/2023 08:02

(Adds detail, background)
       ISTANBUL, Sept 27 (Reuters) - 
    Turkey's state gas grid operator BOTAS signed a deal to
supply up to 1.5 billion cubic metres (bcm) of natural gas to
Romania's OMV Petrom  ROSNP.BX  as Ankara expands its gas export
reach.
  
        Turkey, with meagre gas sources of its own but with
extensive liquefied gas import infrastructure, aims to be an
alternate supplier to smaller gas markets in southeastern
Europe. 
  
        "(The company) is increasing its contribution to the
security and diversity of energy supplies in neighbouring
markets and in Europe" the company said in a statement on
Wednesday.
  
        Gas exports to Romania will begin on Oct. 1, at up to 4
million cubic metres per day, or around 1.5 bcm of gas per year.
The agreement runs until the first quarter of 2025.
  
        Turkey also signed supply deals with Bulgaria and
Hungary this year. 
  
        With the latest deal, the export commitments of BOTAS
will reach up to 3.3 bcm, almost the full capacity of the
country's northern export route which Ankara says could be
doubled with some investment from its European neighbours.
  

 (Reporting by Can Sezer; Editing by Kim Coghill)
 ((can.sezer@tr.com; +90-212-350 7055; Reuters Messaging:
can.sezer.thomsonreuters.com@reuters.net))