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11.07.2017 16:43
Bulgaria and Serbia Discussed Gas Interconnector, Balkan Gas Hub Advancement
Last week Serbia’s President Aleksandar Vucic said that Belgrade hoped for Russia’s assistance in the construction of a transit gas pipeline from the border with Bulgaria, citing the Balkan gas hub as a premise for this to happen

  • Ministers Antic (left) and Petkova assist the signing of a MoU between Bulgargaz and Serbiagaz
    © Bulgarian Ministry of Energy

Bilateral relations between Bulgaria and Serbia are centered around energy and accomplishing a higher level of energy security in the region, the Bulgarian Ministry of Energy said in a statement following a meeting between Bulgarian energy minister Temenuzhka Petkova and her Serbian counterpart Aleksandar Antic on Tuesday.

The two discussed energy projects of mutual interest, namely the gas interconnector meant to link the gas transmission systems of the two countries. A Memorandum of Understanding (MoU) was signed for this project in January of this year in Sofia.

Minister Petkova informed Antic on the advancement of the Balkan gas hub project which is to be constructed near the seaside city of Varna. Petkova said that a contractor is to be selected via tender for the completion of a feasibility study for the Balkan gas hub. According to the Bulgarian energy minister, the planned hub could distribute gas from multiple sources, such as the Southern Gas Corridor, Turkish Stream gas pipeline, LNG terminals for Serbia, and third countries.

Last week Serbia’s President Aleksandar Vucic said that Belgrade hoped for Russia’s assistance in the construction of a transit gas pipeline from the border with Bulgaria, citing the Balkan gas hub as a premise for this to happen.

Furthermore, Bulgaria’s and Serbia’s transmission system operators signed a MoU for studying the possibilities to develop the gas systems of both countries. This partnership comes a day after Bulgaria’s PM Boyko Borisov affirmed as a positive step a roadmap signed between Bulgaria and Russia’s Gazprom for the development of Bulgaria’s gas transport network.

TAGS: Bulgaria | Serbia | energy | gas | natural gas | Balkan gas hub | Russia | Temenuzhka Petkova | Aleksandar Antic 

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