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Failure of first test to secure interest in Bulgarian link to TurkStream

Photo: BTA

The first round of the economic test aimed at securing interest in a Bulgarian link to TurkStream and booking capacity, in order to make the pipeline project viable, has failed.

Requested quantities for pipeline transit are insufficient, according to data from the Bulgartransgaz website. According to Mediapool, just four companies - Russian Gazprom, two of its subsidiaries and Bulgarian Bulartransgaz placed offers for quantities as the bid of Bulgartransgaz was zero. A second round of the test is expected now, with the cost of using the pipe going down and duration of contracts increased from 15 to 20 years.



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