Bulgaria

Bulgaria Further Cuts Reliance on Russian Supplies With Deal to Tap Turkey’s Natural Gas System

Bulgaria Further Cuts Reliance on Russian Supplies With Deal to Tap Turkey’s Natural Gas System

Bulgaria and Turkey signed a long-term agreement on Tuesday giving Bulgaria access to Turkey’s LNG terminals via Turkey’s natural gas transmission grid.  The 13-year deal was signed by Bulgaria’s Bulgargaz EAD and Turkey’s Botas Petroleum Pipeline Co. It would allow Bulgaria to import up to 1.5 billion cubic meters (Bcm) of gas annually from Turkey,…

January 4, 2023
LNG, New Pipeline Connections to Help Poland, Bulgaria Fill Natural Gas Shortfall Left by Russia

LNG, New Pipeline Connections to Help Poland, Bulgaria Fill Natural Gas Shortfall Left by Russia

Poland and Bulgaria are receiving help from neighboring countries and liquefied natural gas (LNG) suppliers to help weather Russia’s decision to cut off natural gas supplies. When Gazprom PJSC cut off deliveries to both countries last month for refusing to comply with Russia’s payment requirements for natural gas, Greece and other nations in southeast Europe…

May 19, 2022
TTF Sees Weekly Gain on Russian Flow Cut, as Asian Market Drops

TTF Sees Weekly Gain on Russian Flow Cut, as Asian Market Drops

European TTF prices opened down on Thursday morning after a strong start to the week triggered by news that Russia would stop pipeline gas exports to Poland and Bulgaria.

April 29, 2022