Turkiye Can Cooperate With SOCAR In Increasing Gas Transportation To Bulgaria
Date
7/18/2024 1:51:10 AM
(MENAFN- AzerNews)
Ulviyya Shahin
Read more
Ankara is considering possibilities for cooperation with the
State Oil Company of Azerbaijan (SOCAR) to increase gas
transportation to Bulgaria, Azernews reports.
Alparslan Bayraktar, Minister of energy and Natural Resources of
Turkiye, mentioned this in an interview with the "Bloomberg"
agency.
"Turkiye is ready to sell more natural gas to the European
Union, but it requires long-term commitments to justify the
necessary infrastructure investments. What we need is an increase
in the Turkiye-Bulgaria inter-grid capacity, which currently can
only handle half of the 7 billion cubic meters of gas per year that
the Turkish side can technically supply," he stated.
Bayraktar added that Ankara can collaborate with SOCAR to
enhance gas supply to Europe to 10 billion cubic meters per year
through the Turkiye -Bulgaria interconnector.
The minister also described the scenarios currently under
consideration for supplying alternative gas to Europe, as a
replacement for Russia's "blue fuel", as "complex".
MENAFN18072024000195011045ID1108453144
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.