Gas Deal Disaster: How Bulgaria Ended Up Paying Millions for Unused Turkish Transit

Energy Minister Zhecho Stankov has firmly criticized the 2022 agreement between state-owned Bulgargaz and Turkish company Botas, arguing that there was no objective reason to enter into such a deal. In an interview with BNT, Stankov stated that at the time of signing, Bulgaria’s domestic gas needs were already fully covered. According to him, Bulgargaz had a clear picture of the country’s annual consumption, which stood at 25 units of gas....