Bulgarian state-owned gas company makes big losses due to contract with Turkey

Bulgarian state-owned gas company Bulgargaz, a major player in the region’s gas market, is accumulating large losses due to an agreement with Turkish state-owned gas company BOTASH.

Content-Type:

News Based on facts, either observed and verified directly by the reporter, or reported and verified from knowledgeable sources.

The contract between Bulgargaz and BOTASH provides for the reservation of 1.85 billion cubic metres (bcm) per year of capacity from Turkish LNG terminals to the Bulgarian border through the Trans-Balkan gas pipeline. [Shutterstock/Circlephoto]

Krassen Nikolov Euractiv.bg 29-04-2024 07:08 3 min. read Content type: News Euractiv is part of the Trust Project

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