News

From Bulgaria Bookmark and Share

04.03.2015 17:19
PM Borissov: Bulgaria to Insist on Nabucco Gas Pipeline Project Revival
Sofia and Baku negotiate increase of future gas quantities to be delivered to Bulgaria via the Southern Gas Corridor, starting in 2019
AUTHOR: publics.bg


  • © Press Service of Bulgarian Council of Ministers

Sofia and Baku will insist on the revival of the cancelled Nabucco gas pipeline project before the European Commission (EC), Bulgarian PM Boiko Borissov stated following his meeting with the President of Azerbaijan Ilham Aliyev today in Sofia.

Nabucco was cancelled, after the operator of the Caspian Shah Deniz 2 field preferred the Trans Adriatic Pipeline (TAP) via Turkey, Greece and Albania, instead of the more northern route via Turkey, Bulgaria and Romania.

“We want to restart the Nabucco project and, more precisely, its Bulgarian stretch. […] It is a project of both the EU and NATO, we have invested in the Nabucco project and the Southern Gas Corridor for years”, Borissov said, as quoted by the Bulgarian National Radio.

He stressed that Bulgaria possesses a regional “strategic advantage”, as Azerbaijan has offered the state-owned gas grid operator Bulgartransgaz to become shareholder "in their company". What is more, Bulgaria will get more than the initially getiated 1 billion cub. m y/y from Azerbaijan.

Recently, during a visit to Bucharest, Bulgarian President Rosen Plevneliev stated that the gas interconnectors with Greece and Romania will provide a further route for the Caspian gas, mediapool.bg writes. Aliyev and his Bulgarian counterpart Rossen Plevneliev signed a joint statement on a Strategic Partnership Agreement.

Borissov expects the EC to support the Nabucco revival idea, while Bulgarian vice-PM Tomislav Dontchev and Azerbaijani energy minister Natig Aliyev will discuss the execution of the Southern gas Corridor.

Bulgaria's PM commented on the dynamic nature of energy projects in the recent months, alluding to the alleged cancellation of the South Stream gas pipeline.

"No official confirmation of the cancellation has been sent yet", Borissov said, as quoted by Focus News.

After today's meeting between Aliyev and Borissov it became clear that a planned gas hub near the Black Sea city of Varna could help convince Russia to build a branch of Turkish Stream towards Bulgaria, while also providing infrastructure for transiting Caspian gas. As with gas interconnectors with neighbouring countries, Bulgaria intends to apply for European funding for its planned gas hub.


TAGS: Bulgaria | Southern Gas Corridor | Azerbaijan | gas | Shah Deniz | Nabucco | energy | natural gas | Ilham Aliyev | Boiko Borissov | gas hub | Varna | South Stream | Trans Adriatic Pipeline 


All news from Bulgaria

No published comments
Login to comment


Interview

20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
Full text

Events

No records in this category!

Poll

What kind of transport do you use to get to work?











 



We use cookies to ensure we give you the best browsing experience on our website. Find out more on how we use cookies and how you can change your settings.

Cookies

What are cookies ?

A cookie is a small text file that a website saves on your computer or mobile device when you visit the site. Cookies are widely used in order to make websites work, or work more efficiently, as well as to provide information to the owners of the site.

How do we use cookies?

Website use Google Analytics, a web analytics service provided by Google, Inc. ("Google") to help analyse the use of this website. For this purpose, Google Analytics uses"cookies", which are text files placed on your computer.

The information generated by the cookies about your use of this website - standard internet log information (including your IP address) and visitor behaviour information in an anonymous form - will be transmitted to and stored by Google including on servers in the United States. Google will anonymize the information sent by removing the last octet of your IP address prior to its storage.

According to Google Analytics terms of service, Google will use this information for the purpose of evaluating your use of the website and compiling reports on website activity.

We not use, and not allow any third party to use the statistical analytics tool to track or to collect any personally identifiable information of visitors to this site. Google may transfer the information collected by Google Analytics to third parties where required to do so by law, or where such third parties process the information on Google`s behalf.

According to Google Analytics terms of service, Google will not associate your IP address with any other data held by Google.

You may refuse the use of Google Analytics cookies by downloading and installing Google Analytics Opt-out Browser Add-on. The add-on communicates with the Google Analytics JavaScript (ga.js) to indicate that information about the website visit should not be sent to Google Analytics.

Cookies are also used to record if you have agreed (or not) to our use of cookies on this site, so that you are not asked the question every time you visit the site.

Google Analytics Opt-out Browser Add-on

How to control cookies?

You can control and/or delete cookies as you wish. You can delete all cookies that are already on your computer and you can set most browsers to prevent them from being placed.

All about cookies

Managing cookies in your browser

Most browsers allow you to:
  • see what cookies you have got and delete them on an individual basis
  • block third party cookies
  • block cookies from particular sites
  • block all cookies from being set
  • delete all cookies when you close your browser

If you chose to delete cookies, you should be aware that any preferences will be lost. Also, if you block cookies completely many websites (including ours) will not work properly and webcasts will not work at all. For these reasons, we do not recommend turning cookies off when using our webcasting services.
X
} catch(err) {}