Bulgargaz to get first LNG cargo via Turkey

Bulgaria’s Bulgargaz has launched a tender for the first liquefied natural gas supplies it plans to receive via a Turkish regasification facility.

Turkey’s Botas signed a deal with Bulgargaz in January, allowing it access to its LNG import terminals and the Turkish grid.

The duration of the agreement is 13 years and includes a gas transfer of up to 1.5 billion cubic meters per year.

Botas operates the Marmara Ereglisi onshore terminal and the Dortyol FSRU-based facility in Hatay, served by the 170,000-cbm Ertugrul Gazi, which was crucial to meet the demand for natural gas in the region after devastating earthquakes, according to Botas.

The state-owned company is also working to launch the Saros FSRU-based terminal as the 2020-built 180,000-cbm, Vasant 1, recently arrived at the newly built jetty in Saros Bay, its AIS data shows.

LNG tender

Bulgargaz launched a tender this week for the supply of 1,706,070 MMBtu or 500,000 MWh of LNG on a DES basis and for delivery via a Turkish terminal in April as part of the deal with Botas.

Among the conditions for participation in the tender, the sources of the supply of LNG must be from countries without imposed sanctions, embargoes or any trade restrictions, the state-owned gas company said.

Also, offer price should reference TTF front month April with discount in Euro per MWh indicated, it said.

All interested parties who wish to participate in the tender must submit their documents by February 28, the firm said.

After that, Bulgargaz said it will notify the firms whether they are eligible to participate in the second stage of the tender.

Deadline for submissions for the second stage is March 9, while Bulgargaz will notiify the qualified participants on March 10.

Greek LNG imports

Bulgargaz also said in the tender documents that there is a possibility for the firm to change the destination of the cargo from a facility in Turkey to a terminal in Greece 15 days before the delivery date.

The company already imports LNG via DESFA’s import terminal located on the island of Revithoussa.

It also booked additional capacity at Gastrade’s FSRU-based LNG import project in Alexandroupolis, which is expected to launch operations this year.

Bulgartransgaz has a 20 percent in the LNG import project.

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