Bulgarian state-owned natural gas supplier Bulgargaz sent an official proposal to Turkish energy company BOTAS to re-negotiate the two agreements, which gives Bulgargaz access to liquefied natural gas terminals and the gas transmission network of BOTAS. The draft of a supplementary agreement was attached to the letter, Bulgaria’s caretaker Minister of Energy Vladimir Malinov said during a parliamentary hearing on Thursday.
The hearing focused on long-term securing and diversification of gas supplies, the results of the actions taken to renegotiate the agreement between Bulgargaz and BOTAS, and the measures to overcome obstacles to the commissioning and operation of the terminal for liquefied gas in Alexandroupolis, in which Bulgaria is a co-shareholder.
In its proposal to BOTAS, Bulgargaz says that the agreement of January 3, 2023, should be updated to reflect the current market price levels for the services provided by BOTAS in the region while at the same time keeping some of the advantages of the agreement, such as ensuring the security and diversification of gas supplies.
