...

Bulgaria outlines Southern Gas Corridor among main natgas sources by 2030

Oil&Gas Materials 16 March 2021 13:28 (UTC +04:00)
Bulgaria outlines Southern Gas Corridor among main natgas sources by 2030

BAKU, Azerbaijan, March 16

By Leman Zeynalova – Trend:

Southern Gas Corridor will be among main natural gas sources for Bulgaria during the period from 2021 to 2030, Trend reports with reference to Bulgartransgaz.

Until 2019 the major part of natural gas import in the country comes from Russia through the territories of Russia, Moldova, Ukraine and Romania. At the end of 2019 and the beginning of 2020, due to the increased transport capacity from Greece and Romania to Bulgaria, supply from alternative suppliers was made. The natural gas mix from imports will be gradually supplemented by new sources, coming from new routes and suppliers resulting from the implementation of the planned new gas projects and developed fields.

As of the beginning of 2020 the main natural gas quantities are supplied through the new entry point IP Strandzha 2/Мalkoclar. There are also significant supplies from alternative sources through the other entry points of the gas transmission system.

Main natural gas sources for the country and the region within period from 2021 to 2030 are: Russian natural gas supplied through existing routes; Natural gas from sources of the Southern Gas Corridor - the Caspian region, the Middle East and the Eastern Mediterranean by realization of the Interconnection projects, TAP and TANAP; LNG from various sources through the LNG facilities in Greece and Turkey, and the plans for capacity increase of the existing terminals, as well as construction of new ones; Natural gas from the gas hubs in Central and Western Europe through the planned new gas corridors between the Balkans and Central and Western Europe; Domestic production in Bulgaria; Domestic production in Romania; Natural gas produced from the Black Sea.

Domestic production is expected to remain insignificant as a result of the partial depletion of existing deposits. The forecast for an increase in domestic production after 2021 is due to the large number of concessions for exploration of deposits and the existing probability of significant deposits in the Black Sea.

---

Follow the author on Twitter: @Lyaman_Zeyn

Tags:
Latest

Latest