Turkey in Talks with Gazprom to Extend Natural Gas Supply Contracts.
Turkey and Gazprom Hold Negotiations
According to Espreso.tv: Turkey is currently negotiating with Gazprom to extend its gas import agreements. Energy Minister Alparslan Bayraktar confirmed that the state-owned company Botas is actively discussing these matters with the Russian firm. The talks are taking place at the Baku Energy Forum in Azerbaijan.
Contracts and Shifting Energy Dynamics
In December 2025, Turkey had already renewed two contracts with Gazprom covering gas deliveries through the TurkStream and Blue Stream pipelines. After Russia lost most of its European customers following its full-scale invasion of Ukraine in 2022, Turkey has become Gazprom's second-largest market, trailing only China.
The extension of these deals highlights a broader shift in global energy geopolitics, particularly Russia's diminishing reliance on European buyers. As Turkey actively expands its gas infrastructure and supply projects, it is emerging as a key strategic partner for Moscow at a time when traditional European clients are cutting back on Russian gas imports. These negotiations could also impact regional energy security and influence future gas prices.
Read also
- Economist Reveals Main Driver of Inflation in Ukraine and Who Will Be Hit Hardest
- Russia Admits Budget Default as War Drives Deficit to 6 Trillion Rubles
- Chinese EVs in Europe Lose Value Fast: Why a Three-Year-Old Model Can Drop 62% of Its Price
- Russia’s War Economy in Freefall: Record Investment Collapse and a Nearly 6 Trillion Ruble Budget Deficit
- Global Grain Prices at Risk as World Braces for 2027 Agricultural Crisis
- Ukraine’s Cabinet Allocates 3.5 Billion Hryvnias for Road Repairs: Which Routes Get Priority First

