Bulgaria expects to transit 10 bcm gas from Turkish Stream to Serbia

Bulgaria expects that the gas from the Turkish Stream pipeline to be transited through Bulgaria to Serbia will amount to 10 bcm, PM Boyko Borissov said at the 22nd World Petroleum Congress in Istanbul, local media reported. The road map with Turkey has already been signed, similar agreement with Serbia will be signed on Jul 11, Borissov added.

Meanwhile, Bulgaria considers its options to participate in the liquefied gas terminal construction in Alexandroupolis through the state-owned Bulgarian Energy Holding (BEH), the energy ministry announced. The final investment decision on the project will be made in Q1’2018, but the shareholder agreement between BEH and Greek DEPA is expected to be signed by end-2017. Energy Minister Temenuzhka Petkova clarified that Bulgaria’s participation in the project is of key importance in view of the necessity for diversification of the gas sources and delivery routes.

Share this post