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Türkiye is negotiating a multi-billion dollar liquefied natural gas (LNG) deal with US energy giant ExxonMobil to reduce its dependence on Russian energy, according to Energy Minister of Türkiye Alparslan Bayraktar. Türkiye seeks to create a new supply portfolio that will make it less dependent on any single partner and will receive up to 2.5 million tons of LNG per year under a long-term agreement being discussed with Exxon, Bayraktar says. According to him, the contract could be signed for ten years, and the commercial terms of the deal with Exxon are still being discussed. Russia accounts f…

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