IRAN GAS TO BE TRANSFERRED TO BULGARIA THROUGH TURKEY

Views on BG | August 30, 2002, Friday // 00:00

Turkish Daily News

It is reported that Iranian natural gas will be transferred to Bulgaria with a pipeline which will be passed through Turkey. Officials from Bulgaria and Iran on Thursday discussed the proposed construction of a gas pipeline to Europe and other projects aimed at boosting bilateral economic ties.

Deputy Prime Minister Kostadin Paskalev and Ali Abdol-Alizadeh, Iran's Minister of Housing and Urban Development, considered plans under which Bulgarian companies would be involved in construction projects in 18 cities in Iran, the state news agency BTA reported.

The Bulgarian companies would be paid in gas and oil, the report said. No other details were announced.

During the visit, an agreement was to be signed that would allow Bulgarian and Iranian companies to engage in joint ventures on their own soil and in other countries. Abdol-Alizadeh said such projects could be launched in Afghanistan and elsewhere in Central Asia.

Transkomplekt, a Bulgarian construction company, was commissioned three years ago by Germany's Pipeline Engineering to draft a feasibility study for a Slovakia-bound gas pipeline that would start in Iran and pass through Turkey, Bulgaria and Romania.

An estimated 100 billion cubic meters of natural gas could be piped via Bulgarian territory annually, officials have said.

Iran was a major trading partner of Bulgaria before the Balkan country shook off communism in 1989.

Trade between the two countries since has dwindled to dlrs 7 million last year, down from nearly dlrs 500 million a dozen years ago.
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