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SOCAR, TotalEnergies and ADNOC lock in Caspian gas supply deal

Euronews · Jun 3, 2026, 2:19 PM · Also reported by 1 other source

Why this matters: an international story with cross-border implications worth tracking.

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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