The deal, potentially lasting a decade, would involve Turkey purchasing up to 2.5 million tons of LNG annually from ExxonMobil, marking a significant shift in its energy procurement strategy.
Exxon Mobil Corporation (NYSE:XOM) is reportedly in talks with Turkey for a multibillion-dollar deal for liquefied natural gas (LNG) as Ankara seeks to curb its dependence on Russia for energy needs.
Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...