Turkey Eyes Boost in Gas Exports to EU If Bloc Guarantees Demand
- Ankara is interested in expanding exports via Bulgaria
- Minister confirms country negotiated discounts with Gazprom
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Turkey is ready to sell more natural gas to the European Union but wants long-term commitments to justify the infrastructure investment needed. It also wants to sidestep any complicated swaps that the bloc is pushing to avoid Russian gas.
Europe is trying to secure alternative gas supplies to replace Russian flows that transit Ukraine. Some options could involve Azerbaijan’s gas sales into Turkey being diverted to Europe and replaced by additional sales of Russian gas into the Turkish market. Turkey is more keen to expand exports via Bulgaria.