Photo: EPA

Turkey is negotiating with Russia to extend two key gas pipeline agreements. This was reported by the writes Bloomberg.

The contracts between Russia's Gazprom and Turkey's state-owned Botas for the supply of up to 21.75 billion cubic meters per year expire on December 31. The parties are discussing maintaining annual supply volumes at around 22 billion cubic meters.

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Experts doubt future Russian gas supplies to Turkey due to pressure from the US administration Donald Trumpwhich demands to limit energy purchases that help the Kremlin finance the war in Ukraine.

After the introduction of sanctions by the United States against Rosneft and Lukoil, two of Russia's largest oil companies, Turkish refineries have begun reduce imports of Russian oil.

Previously, Turkey has resisted Western attempts to prevent it from buying Russian gas, which is supplied mainly under long-term contracts through an extensive network of pipelines between the two countries.

However, in September, Turkey agreed to sign a number of contracts for the purchase of liquefied natural gas, particularly from the United States. Given the increase in domestic gas production in the Black Sea Turkey can get more gas than it needs.

Turkey has become vital for Gazprom, which has virtually lost the European gas market after Russia's full-scale invasion of Ukraine. This should give Turkey leverage to negotiate discounts when renewing supply contracts.

in 2024, Gazprom's supplies to Turkey amounted to about 21.6 billion cubic meters, making the country the second largest buyer of Russian pipeline gas after China.

  • In early October 2025, Turkish Energy Minister Alparslan Bayraktar stated that the country has purchase gas from all available suppliersincluding Russia, Iran, and Azerbaijan.
  • By the end of 2028, Turkey will be able to cover more than half of its gas needs by increasing its own production and imports from the United States. This threatens to reduction of supplies from Russia and Iran to their last major European market.