BOTAŞ

The oil production facilities in the Gabar Mountain region of Şırnak broke the record in the history of the Turkish Republic with a daily production of 40,000 barrels.

"Today is an important day in the history of Türkiye," Energy and Natural Resources Minister Alparslan Bayraktar said in a statement on April 11.

Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas." The contract, negotiated by the caretaker government, has raised concerns about its financial implications and the utilization of resources.

Two months after it was moored in the Thracian Sea, the floating natural gas storage and regasification unit (FSRU), named Alexandroupolis, will on Friday receive its first liquefied natural gas (LNG) cargo.

Officials from Petroleum Pipeline Company BOTAŞ recently held meetings with representatives from Turkmenistan to discuss the delivery of Turkmen natural gas to Türkiye and other cooperation opportunities.

"Bulgartransgaz" and Turkey's gas transmission system operator, "Botas," have officially signed an Agreement for the interconnection of the Strandja - Malkoçlar point, marking a key milestone in fostering the diversification of natural gas sources.

In a bold move, Prime Minister Nikolai Denkov of Bulgaria has revealed the country's intention to renegotiate the terms of a 13-year gas agreement with Turkey's Botas. Denkov expressed concerns over the unfavorable conditions of the current deal, emphasizing its asymmetry and the substantial financial burden it places on Bulgaria.

The specially designed tanker of Gastrade, the offshore natural gas storage and regasification unit - about 300 meters long - which was converted into an FSRU at the Keppel shipyard in Singapore, sailed into the berth of Alexandroupoli port on Sunday.

State-owned energy companies Botaş and TPAO will participate in oil and natural gas projects in foreign countries in Africa, the Caucasus region, and particularly in the Middle East, Energy Minister Alparslan Bayraktar has said.

Petroleum Pipeline Corporation (BOTAŞ) has announced that natural gas prices for households and industrial users have been kept unchanged for December.

There will be no change in the price of natural gas used in electricity generation as well, the company added.

President Recep Tayyip Erdoğan has reiterated Türkiye's ambitions to become one of the most important energy hubs in the world by linking the country to the energy markets in Europe for the transportation of Russian natural gas, after he met Russian leader Vladimir Putin in Sochi on Sept. 4.