Oil Pipeline
Bulgarian prosecutors investigate gas deals with Turkey
Sofia's city prosecutor announced on Wednesday that it had investigated a gas deal in 2023 between Bulgargaz, Bulgaria's state-owned gas company, and Botas of Turkey. The office also searched the former energy minister's home. Bulgargaz signed a 13 year deal with Botas in 2023 that allowed Bulgargaz the use of Turkey's LNG Terminals for cargo shipments. These would then be transported to Bulgaria via Botas’s gas network. Zhecho Stankov, Minister of Energy, said in May that Bulgargaz was still in debt because it had to pay for capacity it didn't use. Bulgargaz paid Botas 600 million leva ($359 millions) so...