Gas demand in both countries is relatively low: between 3-3.5 bcm/year in Bulgaria and around 2.7 bcm/year in Serbia. BP has long cautioned that expanded production at its Shah Deniz field, which currently produces all of Azerbaijan’s gas for exports, would not fill new SGC capacity. Under this plan, the Central Asian nation has begun sending up to 2 bcm/year of gas to northeast Iran. "Turkey's existing gas transit network has around 4-5 bcm/year of spare capacity, which could be used to transit extra gas to Europe,” Roberts explained. The line to Bulgaria could only be used in summer when Turkish gas demand is low, explained Arif Aktürk, the former head of gas purchasing at BOTA?, Turkey’s state-owned pipeline operator.

Source: Libya Today May 08, 2022 17:35 UTC