Weather In Bulgaria On March 29: Sunny Skies and Rising Temperatures Across The Country
Bulgaria is set to experience favorable weather conditions on March 29, with mostly sunny skies forecasted across the country
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
Bulgaria and Azerbaijan's leaders are to seek a renewal of the Nabucco gas pipeline project which came to a halt a few years back, Bulgarian PM Boyko Borisov has announced.
His comments came at a press conference following a meeting with Azerbaijan's President Ilham Aliyev, who is on a visit to Sofia on Wednesday.
He told reporters that as early as "today [Wednesday] we will go with President [Ilham] Aliyev to the EU Commission to present the project for Nabucco's renewal," most media outlets quoted him as saying.
Borisov stressed that Bulgaria "was an extremely loyal EU member" and "fulfilled all requirements of the Third Energy Package". This was an apparent reference to the decision of Sofia not to unblock the construction of South Stream which was frozen at the behest of EU. This stance prompted Russia to suspend South Stream, vowing to build a pipeline to Turkey instead.
"Bulgaria cannot be merely a brake, Bulgaria cannot just serve to act the EU Commission's interests, in this case in a project which is entirely both NATO and Europe-oriented [sic!] and years on we have invested money into the Nabucco project", Borisov added.
The PM also stressed the importance of the Southern Gas Corridor for Bulgaria, a project with which Azerbaijan's President gave "an opportunity" to Sofia also allowing its gas operator Bulgargaz to buy its own stake.
Ilham Aliyev said that Azerbaijan is a strategically located country and has proven gas reserves of 2.5 trillion cubic metres.
“Bulgaria is already receiving Azeri gas and we hope in the future it will become a transit country for the other EU member states,” Aliyev said at the press conference.
Aliyev also said the Southern Gas Corridor is one of the biggest projects jointly developed by Azerbaijan and Europe.
“During our meeting we discussed different aspects of our bilateral relations and we once more realized the existence of great opportunities for cooperation between Bulgaria and Azerbaijan”.
Azeri companies are showing great interest in investing in Bulgaria, Aliyev said, adding Bulgarian companies can take part in transport infrastructure projects in Azerbaijan.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
Amidst Ukraine's urgent need for additional power sources following the closure of the Russian-controlled Zaporizhzhia nuclear power plant
Bulgarian lawmakers have taken a significant step toward bolstering the nation's energy infrastructure by advancing cooperation with the United States for the construction of Units 7 and 8 at the Kozloduy Nuclear Power Plant
The Bulgarian Parliament has ratified the Agreement between the Government of the Republic of Bulgaria and the Government of the United States on cooperation regarding the construction of nuclear power at the Kozloduy Nuclear Power Plant
During a forum in Alexandroupolis, US Assistant Secretary of State for Energy, Jeffrey Payatt, highlighted the significance of a gas pipeline project through Bulgaria as the next pivotal step for energy development in the region
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022