Azerbaijan can initiate gas supplies to Bulgaria as of 2014
Azerbaijan, Baku, June 24 / Trend, E. Ismayilov /
Azerbaijan is ready to supply natural gas to Bulgaria beginning in 2014, the Bulgarian Economy, Energy and Tourism Ministry said in a statement posted on its official website.
The agreement was reached between the Bulgarian Economy, Energy and Tourism Minister Traicho Traikov and Azerbaijani Energy and Industry Minister Natig Aliyev. The meeting between the sides was held in Brussels.
According to the statement, supplies will become possible after creating a gas transportation system between Turkey and Greece.
"Azerbaijan is ready to deliver more than one billion cubic meters of natural gas annually to Bulgaria through Turkey. This will be done to realize the second phase of the "Shah Deniz" field," said in the statement.
Within two months, "Bulgartransgaz" and the State Oil Company of Azerbaijan (SOCAR) will continue to negotiate gas supply routes in Bulgaria and Southeastern Europe.
During the meeting Traikov also raised the issue of Azerbaijan's support for the Nabucco pipeline, which is crucial for the diversification of gas supplies and providing Caspian gas's access to Europe.
Traikov and Aliyev discussed the project of compressed natural gas supply across the Black Sea. "Bulgartransgaz" and SOCAR jointly completed a preliminary feasibility study of the project and plan, hoping to start preparations for the feasibility study.