Gazprom and Bulgarian Energy Ministry discuss cooperation matters
RELEASE
Release
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Temenuzhka Petkova, Minister of Energy of the Republic of Bulgaria, took place today in Moscow on the margins of the meeting of the Working Group for Energy of the Russian-Bulgarian Intergovernmental Commission on Economic Cooperation.
The meeting addressed the current and emerging issues pertaining to bilateral cooperation, with an emphasis on Russian gas supplies to Bulgaria and gas transit across Bulgaria in the context of the TurkStream project.
Background
In 2016, Gazprom's gas exports to Bulgaria totaled 3.18 billion cubic meters (a 2.1 per cent increase from 2015).
TurkStream is the project for a transit-free export gas pipeline stretching across the Black Sea from Russia to Turkey and further to Turkey's border with neighboring countries. The first string of the gas pipeline is intended for Turkish consumers, while the second string will deliver gas to southern and southeastern Europe. Each string will have the throughput capacity of 15.75 billion cubic meters of gas per year. South Stream Transport B.V., a wholly-owned subsidiary of Gazprom, is responsible for the construction of the gas pipeline's offshore section.