Bulgaria 'Offers Azerbaijan Energy Cooperation Package'

Business » ENERGY | August 31, 2015, Monday // 11:23
Bulgaria: Bulgaria 'Offers Azerbaijan Energy Cooperation Package' Photo by EPA/BGNES

The Bulgarian government has unveiled a package of energy cooperation projects on which it would seek to work with Azerbaijan, Bulgaria's Ambassador to the country has said.

According to reports by the Trend News Agency, Baku is being offered to take part in the construction of filling stations, gas depots, and oil refineries.

"Bulgaria is interested in buying Azeri gas and government plans are about a billion cubic meters per year," Trend quotes Ambassador Emil Karimov as saying.

Mr Karimov has added that the volume could go up in the future.

Gas supplies from Azerbaijan to Bulgaria via the future Trans-Adriatic Pipeline (TAP) network are tied to the construction of additional infrastructure, namely the Bulgaria-Greece interconnector (IGB), which has suffered from several delays over the past months. If successfully built and linked to TAP, the IGB could carry gas to the rest of Southeast Europe, though other routes to transport the volumes from the new infrastructure are also being considered.

In Karimov's words, Azerbaijan is studying the projects tabled by Bulgaria and is analyzing their economic viability.

The respective energy ministries are yet to comment.

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Tags: Emil Karimov, azerbaijan, Bulgaria, gas, interconnector, pipeline, TAP, Trans-Adriatic Pipeline
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