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With the supplies from Turkey, Bulgaria will completely diversify its imported gas

published on 12/20/22 11:43 AM

Photo: EPA/BGNES

Before the end of the year, the negotiations with Turkey for the supply of gas will be completed, caretaker Energy Minister Rosen Hristov told Nova TV. He expects the contract for the use of the Turkish gas transmission network to be valid for at least 13 years, with about 1 billion cubic meters from the US and Norway being delivered through Turkish LNG terminals.

Bulgaria will import 30% of the annual volumes of used gas through Turkey. We buy another 30% from Greece, and the rest - from Azerbaijan, the minister specified.

This is a diversification that will make supplies more secure, Hristov stated. He hopes that with the EU-approved ceiling for gas prices of 180 euros per megawatt hour, stock market quotes will start to fall.

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Radio Bulgaria News Azerbaijan gas gas diversification gas supplies Greece liquified natural gas LNG LNG terminals Norway Turkey

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