Last minute: Turkey will sell natural gas to Bulgaria! Minister Dönmez announced… Signatures are being signed… – The right address for financial news
Last minute: Energy and Natural Resources Minister Fatih Dönmez made important statements on TVNET. Minister Dönmez said, “Turkey will sell natural gas to Bulgaria. The agreement will be signed at the end.”
Highlights from Minister Dönmez’s statements are as follows:
There has been a serious increase in demand for energy after the pandemic. With the Russia-Ukraine war and general embargoes, the crisis became unmanageable.
“Both OUR NATION AND OUR STATE WILL WIN”
The level we have reached in energy is pleasing and proud. In our system systems, both our nation and our state gain the Black Sea gas. The gas we will extract will cover more with the weight of the houses and son. Our citizens will use the advantages freely.
It is not right to expect a radical price drop before the war is over. We are ready to do our part in overcoming the energy crisis.
THERE WILL BE NEW DISCOVERIES IN THE BLACK SEA
In all households without exception, 75 percent of the natural gas is supplied by the state, and 25 percent is reflected to the citizens. We are determined, it will continue with subsidy measures in 2023. We can get up to 15 billion cubic meters of gas annually from Turkish Stream. We collected oil in cemented fields. There will be new generations in the Black Sea.
OIL DISCOVERY IN GABAR
Biggest move in years. Net producible daily reserve is 7 thousand 750 barrels. In terms of price, its equivalent is 12 billion dollars.
Turkey will sell natural gas to Bulgaria. The deal will be signed tomorrow.
BOTAŞ held a meeting in Oman most recently. They largely agreed. It will make an LNG deal shortly.