April 20, 2026 Origination Brief
LONG-TERM CONTRACT OPPORTUNITY SIGNALS
Turkey-Iran 9.6 bcm pipeline expires July. Turkish Energy Minister Alparslan Bayraktar said the long-term Iran gas import contract expires in July with no extension negotiations under way. Read This: Reuters
BOTAS secured 10-year Russia LNG license. Turkey's regulator issued BOTAS a 10-year import license for Russian LNG, extending long-term LNG licensing beyond the existing Algeria and Oman contracts. Read This: Reuters
Eni-Repsol signed Venezuela Perla LNG deal. Eni and Repsol agreed with PDVSA and interim President Delcy Rodríguez to begin LNG exports from Perla field via floating terminal by end-2031, targeting 1.2 bcf/d export-phase production. Read This: Bloomberg
GLOBAL SUPPLY ORIGINATION
Eni discovered 5 Tcf Indonesia Geliga field. Eni announced the Geliga-1 discovery in the Ganal PSC offshore East Kalimantan — 5 Tcf gas and 300 million barrels condensate — targeting 2028 production. Read This: Reuters, Eni press release