Bad news for Ukraine: Bulgaria to get Russian gas supplies via TurkStream
Topics: UKRAINE BULGARIA RUSSIA GAS TURKSTREAM
Petkova said the new route via the TurkStream pipeline would be more economically viable and could result in around a 5% decrease in natural gas prices on an annual basis.
The Balkan country meets almost all of its gas needs, about 3 billion cubic meters of gas per year, with Gazprom supplies.
“We are changing the entry point for gas supplies from Russia. The reason: the economic impact and the better conditions for Bulgarian consumers,” Petkova told reporters.
Bulgaria has built an 11 km link between its national gas network and Russia’s TurkStream pipeline at the border with Turkey and is ready to take gas inflows, the head of the gas grid operator Vladimir Malinov said. ■