(MENAFN- AzerNews) By News Center
Turkiye and Bulgaria have signed a cooperation agreement that
will allow for the transfer of up to 1.5 billion cubic meters of
natural gas annually.
Minister of energy and Natural Resources Fatih Donmez was
welcomed by his Bulgarian counterpart Rosen Hristov at the Office
of the Council of Ministers, where he went within the framework of
his visit to Bulgaria.
At the ceremony held under the auspices of Donmez and Hristov, a
cooperation agreement in the field of Natural gas was signed
between the two countries.
BOTAS General Manager Burhan Ozcan signed on behalf of Turkiye,
and Bulgargaz General Manager Denitsa Zlateva signed on behalf of
Bulgaria.
In his statement after the signing ceremony, Minister Donmez
expressed his wish that 2023 would be a year in which cooperation
between the two countries, especially in energy, would
increase.
Reminding that President Recep Tayyip Erdogan and Bulgarian
President Rumen Radev met in Istanbul last month, Donmez said,“I
met with my colleague there and went over important issues in the
energy sector once again. I would like to express that we are
pleased that the issues discussed in Istanbul have turned into
concrete steps in Sofia today, even less than a month after our
latest meeting.”
Emphasizing that the signed memorandum of understanding will
further develop the cooperation and ties between the two countries
in the field of natural gas, Donmez said,“The memorandum of
understanding 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.”
Donmez also gave information about the operation of the
process.
“Our five LNG terminals, primarily Saros FSRU, will contribute
to the process. Turkiye 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 Turkiye to become a gas hub. With
this infrastructure, we have put another brick in the gas center.
It is also possible to increase this capacity in a very short time
with the investments to be made by both supplier and European
countries,” he said.
Donmez thanked those who contributed to the process.
Bulgarian Energy Minister Hristov also described the signed
agreement as a“historical document”.
“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
Turkiye,” Hristov said.
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Tags: gas deal bulgaria turkiye