'Bulgaria's Lavish Red-Carpet Welcome to Iran's Gas'

Business » ENERGY | April 27, 2015, Monday // 10:02
Bulgaria: 'Bulgaria's Lavish Red-Carpet Welcome to Iran's Gas'

A closed-door meeting was held between Bulgarian Prime Minister Boyko Borisov and Iran's Ambassador Abdollah Norouzi in the Bulgarian capital Sofia, an Iranian news outlet has claimed.

Borisov was accompanied by Bulgarian Deputy PM in Charge of Absorption of EU Funds and Economic Policy Tomislav Donchev, Foreign Minister Daniel Mitov and Energy Minister Temenuzhka Petkova, according to Merh News Agency.

According to the report, Iran's Ambassador  outlined a proposal involving a new Iranian-Bulgarian cooperation scheme including a gas hub which would boost energy imports to both Bulgaria and the rest of Europe.

This comes as some European state leaders and companies have sought to revive the Nabucco gas pipeline designed to carry gas to Europe, a project brought to a standstill a few years ago for various reasons. Iran is now seeking to put forward again its offer to become a major supplier for Nabucco, which has been systematically rejected by Europe amid the West's dispute with Tehran over its controversial nuclear program.

With a landmark agreement between the 5+1 powers and Iran earlier in 2014, however, the Islamic Republic has been seeking to put some of its business projects back on the international agenda.

Earlier this year, during a visit to Sofia, Azerbaijan's President Ilham Aliyev said in a press conference with Bulgaria's PM Borisov that the two would try to unblock Nabucco, though no substantial action followed.

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Tags: Iran, Bulgaria, Boyko Borisov, Nabucco, Daniel Mitov, Temenuzhka Petkova, sanctions, Ilham Aliyev
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