Botas

The natural gas discovered in the Black Sea will meet the consumption of households in Türkiye for 33 years, Energy and Natural Resources Minister Fatih Dönmez has said.

The production from the Black Sea field will reach its peak level in four years, which will help the country reduce its natural gas imports, he added.

Bulgaria on Jan. 3 gained access to Türkiye's terminals and gas transmission network under a long-term deal that will help the country replace supplies once provided by Russia.

Bulgaria's state gas company Bulgargaz and the Turkish gas transmission company Botas signed a 13-year deal that grants the Balkan neighbor access to Türkiye's terminals for liquefied natural gas.

Bulgaria on Tuesday gained access to Turkey's terminals and gas transmission network under a long-term deal that will help the country replace supplies once provided by Russia.

Bulgaria's state gas company Bulgargaz and the Turkish gas transmission company Botas signed a 13-year deal that grants the Balkan neighbor access to Turkey's terminals for liquefied natural gas.

Bulgargaz will have access to Turkey's terminals and gas transmission network. Up to 1.5 billion cubic meters of natural gas can be transferred annually to Bulgaria from Turkey. This became clear after Bulgargaz and the Turkish gas transmission company Botas signed a 13-year cooperation agreement.

"The gas for 2023 is secured, the expectations are for stabilization of the prices in the coming winter months", Deputy Minister of Energy Elenko Bozhkov said on BNT.

According to him, the warmer winter means less gas used from the gas storage in Chiren.

Natural gas supply testing from Iran to Turkey has started in limited quantities, which will alleviate natural gas cuts to the country's industrial sector from Jan. 31, Turkey's national pipeline operator Botaş has said.

The Azerbaijani state oil company, SOCAR, has agreed to import additional amounts of natural gas to Turkey amid a cut in the flow from Iran, a senior official of the company has said.

Turkey's natural gas storage capacity will be increased from 4.7 billion cubic meters to 11 billion cubic meters by 2023, Energy and Natural Resources Minister Fatih Dönmez told parliament members on Dec. 7.

Thanks to recent investments in natural gas and electricity infrastructure, Turkey will not face any energy shortage in winter, Energy and Natural Resources Minister Fatih Dönmez has said.

With 110 million cubic meters of storage and 28 million cubic meters of gasification capacity, Turkey's first publicly owned floating liquefied natural gas (LNG) storage and gasification vessel (FSRU) will add significant flexibility to Turkey's energy supply chain security, according to Energy and Natural Resources Minister Fatih Dönmez.