Turkish Minister of Energy invited to Sofia over agreement with Botaş

During a nuclear energy summit in Paris, caretaker Minister of Energy Traycho Traykov met with his Turkish counterpart Alparslan Bayraktar and invited him to come to Sofia. Traykov said that he sees understanding and readiness for changes in the terms of the contract between the state-owned gas companies Bulgargaz and Botaş.

Negotiations are ahead because these are very specific parameters, but at the same time Türkiye has its own interests and we also have other joint projects that we are currently discussing, Traykov said. By the time of Bayraktar's visit to Sofia, Bulgaria will have prepared a detailed position on opportunities to update the contract. The agreement signed in 2023 between the two companies for a period of 13 years is costly for Bulgargaz, without Bulgaria actually receiving gas from Turkish terminals.

Editor: Ivo Ivanov