Turkey and Bulgaria Sign a Cooperation Agreement in the Field of Natural Gas
An agreement was signed between Turkey and Bulgaria, which envisages cooperation in the field of natural gas. Energy and Natural Resources Minister Fatih Dönmez, Bulgarian Energy Minister Rosen Hristov, BOTAÅž General Manager Burhan Özcan and Bulgargaz General Manager Denitsa Zlateva attended the ceremony held on 03.01.2023.
Fatih Dönmez, Minister of Energy and Natural Resources, was welcomed by his Bulgarian counterpart, Rosen Hristov, at the Office of the Council of Ministers. At the ceremony held under the auspices of Minister Dönmez and Hristov, a cooperation agreement in the field of natural gas was signed between the two countries. At the ceremony, BOTAÅž General Manager Burhan Özcan signed on behalf of Turkey and Bulgargaz General Manager Denitsa Zlateva signed on behalf of Bulgaria.
In his statement after the signing ceremony, Minister Dönmez wished that 2023 would be a year in which cooperation between the two countries, especially energy, increased even more.
The Term of This Agreement Will Be 13 Years And There Will Be A Gas Transfer Of Approximately 1.5 Billion Cubic Meters A Year
Reminding that President Recep Tayyip ErdoÄŸan and President of Bulgaria Rumen Radev met in Istanbul last month, Dönmez said, "I met with my colleague there and went over important issues in the field of energy once again. Not even a month after our last meeting, we were in Istanbul. I would like to express that we are pleased that the issues discussed in the conference have turned into concrete steps in Sofia today." said.
Emphasizing that the signed agreement will further develop the cooperation and ties between the two countries in the field of natural gas, Dönmez said, “The agreement will also be an important step in increasing the natural gas security of the Balkan geography. The duration of this agreement will be 13 years and there will be a gas transfer of up to 1.5 billion cubic meters per year. It will make a great contribution to the natural gas supply security of Europe, especially Bulgaria.” he said.
With This Infrastructure, We Put Another Brick in the Gas Center
Minister Dönmez also gave information about the operation of the process and said:
"Our 5 LNG terminals, primarily Saros FSRU, will contribute to the process. Turkey is a country that supplies gas from 15 countries with 7 different lines and LNG terminals. This is also one of the important steps for Turkey to become a gas hub. "We have put more bricks in. There is an opportunity to increase this capacity in a very short time with the investments to be made by both supplier countries and European countries."
Dönmez thanked those who contributed to the process.
Bulgarian Energy Minister Hristov also described the signed agreement as a "historical document".
Hristov said, “Thanks to this agreement, we have the opportunity to buy natural gas from all natural gas producers in the world. We will also be able to benefit from the amount of gas that will reach Turkey.” used the phrase.
Date: 3/1/2023
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