03.01.2023
The agreement signed today between Bulgargaz and BOTAŞ is a key point in the development of the partnership between Bulgaria and Türkiye. This was stated by Prime Minister Galab Donev at his meeting with the Minister of Energy and Natural Resources of the Republic of Türkiye Mr. Fatih Dönmez. The Prime Minister and the Turkish Minister met to talk after an agreement was signed in the Council of Ministers whereby Bulgargaz gets access to the terminals and gas transportation infrastructure of the Turkish state-owned energy company BOTAŞ.
In the course of the meeting, Prime Minister Galab Donev expressed confidence that today's event is a good starting point towards the achievement in the future of even more significant results that would benefit both countries and the entire region. The Prime Minister described the agreement as historic as it is the first time that the Republic of Türkiye grants an external company access to its LNG terminals. At the same time, the agreement provides an opportunity to develop long-term cooperation in the interest of energy diversification. “In the context of the severe energy crisis, with concerted efforts we can achieve much more, both for Bulgaria and Türkiye, and for Europe as a whole," Prime Minister Galab Donev noted.
Further, Prime Minister Galab Donev emphasized the existence of a number of projects of common interest that can be implemented within a short period of time, including cooperation in the construction and development of gas storage capacity, investments in renewable energy sources (RES) and increase of the capacity of the electric power transmission network, as well as the transition to a carbon-neutral economy.
