Bulgaria, Qatar Ink Energy Cooperation Agreement

Business » ENERGY | March 22, 2010, Monday // 18:58
Bulgaria, Qatar Ink Energy Cooperation Agreement: Bulgaria, Qatar Ink Energy Cooperation Agreement Bulgaria Energy, Minister Traicho Traikov (2-left), arrives with Prime Minister, Boyko Borisov (4-left) to a joint press conference at the Emiri Diwan in Doha, Qatar. Photo by BGNES

Bulgaria and Qatar have signed a memorandum of cooperation for the energy sector on Monday.

Bulgaria Energy Minister Traicho Traikov signed the agreement with Dr. Khalid bin Mohamed Al-Attiyah – Qatar’s Minister of State for International Cooperation.

The document provides for partnership in the gas industry, renewable and nuclear energy sectors, energy efficiency and the security of supply and preparation for implementation of infrastructure projects and initiatives.

The Ministers also agreed on the creation of a Bulgarian-Qatari Company for investment in mining, production and distribution of energy resources, tourism, infrastructure and personnel training.

Earlier, Bulgaria and Qatar agreed to set up a joint company through which investments of the Arab country will be developed in Bulgaria.

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Tags: Qatar, energy projects

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