(MENAFN- Trend News Agency) The natural gas deal with Bulgaria is a step forward in
Türkiye's efforts to become an energy hub, Energy Minister Fatih
Donmez has said, trend reports citing daily
news .
“With this agreement, natural gas could be transmitted not only
to Bulgaria but other countries via Bulgaria,” Donmez added.
On Jan. 3, Türkiye and Bulgaria signed an agreement for the
transmission of up to 1.5 billion cubic meters of natural gas a
year. The new deal covers a 13-year period.
Donmez traveled to the Bulgarian capital Sofia to attend the
signing ceremony. The gas deal was inked between the two countries
by the general managers of the Turkish Petroleum Pipeline Company
and Bulgargaz.
“The deal means almost 20 billion cubic meters of gas trade in
13 years. We will also be able to provide service to all European
countries via Bulgaria,” Donmez said.
The minister recalled that the natural gas agreement was signed
only three weeks after President Recep Tayyip Erdogan met his
Bulgarian counterpart, Rumen Radev, in Istanbul.
Türkiye has been working over the past years to position itself
as an energy hub, Donmez said.
“We have plans to establish a natural gas trade center. We have
largely completed our physical infrastructure for this initiative.
The deal [with Bulgaria] means that we are reaping the first fruits
of these efforts.”
Donmez reminded the energy cooperation between Türkiye and
Bulgaria has a long history.“Türkiye received the first natural
gas via Ukraine, Romania and Bulgaria. This pipeline has been
offline over the past two years. Now the direction of gas flow will
reverse,” the minister said.
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