Amid geopolitical turbulence and sanctions pressure on Russia’s energy sector, Turkey continues demonstrating a pragmatic approach to cooperation with Moscow. Following the 19th meeting of the Russian-Turkish Intergovernmental Commission, Ankara has expressed interest in extending its current gas contracts with Gazprom as they approach expiration. This strategic dialogue between Russian Deputy Prime Minister Alexander Novak and Turkish Trade Minister Ömer Bolat confirms that economic rationale continues to outweigh political considerations.
“Turkish partners are interested in extending contracts that are nearing expiration. They are working with Gazprom on commercial terms,” Novak told journalists.
While details of future supplies remain undisclosed, the ongoing negotiations demonstrate the enduring mutual benefits of this energy alliance. The current agreement, signed in 2021 between Gazprom Export and Turkey’s Botas, provides for annual deliveries of up to 5.75 billion cubic meters of gas via TurkStream.
Energy cooperation remains the cornerstone of Russian-Turkish relations, with bilateral trade approaching $60 billion in 2024. As Novak noted, both countries are steadily progressing toward their ambitious $100 billion target.
The successful implementation of infrastructure projects like Blue Stream and TurkStream has created a unique model of bilateral cooperation. The jointly built pipeline stretching from Turkey’s Black Sea coast to the Bulgarian border has become more than just infrastructure – it symbolizes strategic partnership.
Turkey’s position on gas contracts is particularly noteworthy against the backdrop of EU efforts to reduce energy dependence on Russia. While maintaining its NATO membership, Ankara continues to demonstrate independence in matters of energy security.
