Iran is ready to invest in the construction of an oil refinery in Port Varna on the Bulgarian Black Sea coast, Iranian Ambassador to Bulgaria Golamreza Bageri Mogadam told Novinite.com (Sofia News Agency) and Novinite.bg in an interview.
During a visit in Bulgaria's Varna in the fall of 2011 Iran's diplomat said his country wanted to build an oil refinery there.
"As far as Iran is concerned there is no problem for realizing this project - whether from the point of view of science, technology, capital, or management. Iran has the needed capabilities. Keeping in mind the historic friendship between our nations, we are ready, in the framework of our mutual interests, to set this project on the table," His Excellency declared stressing that the Bulgarian authorities should decide on how to utilize Iran's offer.
"Now it is up to the Bulgarian authorities to use this capacity. If the Bulgarian statesmen demonstrate a desire, we are ready to discuss with them this cooperation," he added.
Mogadam also stated that Iran could be ready to throw its weight behind the Nabucco gas transit pipeline project as a natural gas supplier if the European Union reconsiders its policies towards Iran.
Edited by: S. Isayev