Bulgaria interested in additional gas supplies from Azerbaijan – energy minister (Exclusive)

Oil&Gas Materials 13 February 2018 11:07 (UTC +04:00)

Baku, Azerbaijan, Feb.13

By Leman Zeynalova – Trend:

Bulgaria is interested in additional gas supplies from Azerbaijan, Bulgaria’s Energy Minister Temenuzhka Petkova said in an interview with Trend.

Bulgaria has an interest in possible additional supplies of natural gas from Azerbaijan in the development of new Azerbaijani gas fields in the Caspian Sea and upon agreement of competitive prices, she said.

“I would also like to underline that we are ready to ensure the transit of Azerbaijani gas for Southeast and Central Europe by using the well-developed Bulgarian gas infrastructure and the “Balkan” regional gas hub project currently under realization,” noted the minister.

In this respect, Petkova said she believes there are still many opportunities for sustainable energy cooperation between Bulgaria and Azerbaijan.

She recalled that Bulgaria through “Bulgargaz” company has concluded a contract with Azerbaijan’s state oil company SOCAR for the delivery of 1 billion cubic meters per year from the second phase of development of Shah Deniz gas field.

“These volumes represent about 25-30 percent of the consumption of natural gas that we expect by 2020 in our country,” added the energy minister.

Bulgaria is expected to receive Azerbaijani gas, in particular, the gas produced from Azerbaijan's Shah Deniz 2 gas and condensate field via the Interconnector Greece-Bulgaria (IGB).

IGB is expected to be connected to the Trans Adriatic Pipeline (TAP) via which gas from the Shah Deniz field will be delivered to the European markets.


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