Bulgaria's neighbour in the Balkans now has access to Turkey's liquefied natural gas terminals according to a 13-year agreement between the country's national gas company Bulgargaz and the Turkish gas transmission company Botas.
Rosen Hristov, Bulgaria's energy minister, claims that the agreement resolves the issue of the country's inadequate infrastructure for liquefied natural gas offloading.
After Russia shut off supply to Bulgaria in April due to Sofia's unwillingness to pay in rubles, the Russian currency, the country, which was nearly entirely dependent on Russian gas prior to Moscow's invasion of Ukraine, is now searching for affordable alternatives to Russian gas.
According to the current agreement, Turkish LNG terminals will unload and process the liquefied natural gas that Bulgaria will purchase on international markets before transferring it to Bulgaria via the Botas gas network.
According to the agreement, Bulgaria would receive up to 1.5 billion cubic metres of natural gas each year from Turkey.
Bulgaria and Azerbaijan already have a long-term agreement in place for the delivery of almost 1 billion cubic metres of natural gas to each other through Turkey's gas pipeline.
The remaining needs of Bulgaria, which total little more than 3 billion cubic metres annually, are satisfied by LNG imports from Greece.
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