Euronews
Europe · 4 hrs ago
✦ 78◉ Centre
SOCAR, TotalEnergies and ADNOC lock in Caspian gas supply deal
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Quality 78/100
Partisan intensity 25/100
ObjectivePartisan
◉ Centre ✓ Fair headline
Azerbaijan's state energy company SOCAR has signed a long-term gas export agreement with TotalEnergies, ADNOC's investment division, and Turkish BOTAŞ to supply gas from the Absheron offshore field starting in 2029, strengthening Europe's Southern Gas Corridor supply route.
SOCAR, TotalEnergies and ADNOC lock in Caspian gas supply deal
Azerbaijan's SOCAR signed a long-term deal with TotalEnergies, ADNOC's investment arm XRG and Turkey's BOTAŞ to export gas from the Absheron offshore field from 2029, bolstering the Southern Gas Corridor that Europe has increasingly relied on in recent years.
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