Construction of Bulgaia's Gas Link with Greece to Start End-2014

Business » ENERGY | April 15, 2014, Tuesday // 18:06| Views: 1759 | Comments: 2
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Bulgaria: Construction of Bulgaia's Gas Link with Greece to Start End-2014 Bulgaria's Minister of Economy and Energy Dragomir Stoynev, photo by BGNES

Work on the interconnection gas link between Bulgaria and Greece will kick off at the end of 2014, Economy Minister Dragomir Stoynev announced.

At a meeting with Azerbaijani counterpart Natig Aliev, Stoynev said Bulgaria had almost caught up with construction schedule and will be able to start looking for an investor into the interconnection as early as at the end of this month.

Building of the link could then be kicked off in the beginning of 2015 at the latest, he added, admitting that the pre-construction stage had taken too much time.

During his talks with Azerbaijan's Economy Minister, Stoynev discussed proposition by Baku to supply Bulgaria with 1 B cubic meters of gas on a yearly basis.

It became once again clear, however, that the country is not technically ready to receive the deliveries from Azerbaijan, as it is lacking infrastructure.

Prospects of liquefied natural gas (LNG) supplies through Greek ports were also on the agenda, but no final decisions were taken.

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Tags: Stoynev, gas, interconnection, greece, azerbaijan, LNG, Aliev
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Toranaga - 15 Apr 2014 // 19:53:37

Once "Bulgraia", now "Bulgaia", Novinite's censor thinks of the spring time to come :)