Bulgaria to Show EU How to Make Gas Deals with Azerbaijan - President

Business » ENERGY | November 14, 2011, Monday // 18:12| Views: | Comments: 4
Bulgaria: Bulgaria to Show EU How to Make Gas Deals with Azerbaijan - President Azerbaijan's President Ilham Aliyev (right) received his Bulgarian counterpart Parvanov (left) on Monday. Photo by BGNES

The expected deliveries of natural gas from Azerbaijan to Bulgaria will be a "small breakthrough" for the European Union, Bulgarian President Georgi Parvanov declared in Baku.

Parvanov met Monday with his Azerbaijani counterpart Ilham Aliyev, who confirmed Azerbaijan's commitment to providing Bulgaria's with about 1 billion cubic meters of natural gas per year once the respective gas transit pipelines are completed.

The outgoing Bulgarian President, whose second and last term expires in January 2012, emphasized that the Bulgaria-Azerbaijan gas deal is an important sign for Europe.

The EU has been seeking to attract natural gas suppliers from the Caspian Sea Region and Central Asia – among which Azerbaijan is a key country – in order to reduce its dependence on natural gas from Russia – both via the Nabucco gas transit pipeline and through more minor projects.

"Bulgaria has its place of being a pro-active factor in these energy relations that can overtake the relations between the EU and Azerbaijan with the realization of some of the initiatives that we started long ago," Parvanov said in Baku Monday, as cited by BNR.

"We need to get one small breakthrough in order to demonstrate to Europe how things can be done, and after that the natural gas supplies will become much more sizable in the so called Southern Gas Corridor. If realized, this small breakthrough [between Azerbaijan and Bulgaria] will be significant for Europe, not just for Bulgaria and our region," elaborated the Bulgarian President.

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Tags: Bulgarian President, azerbaijan, Georgi Parvanov, natural gas, gas supplies, Shah Deniz, Ilham Aliyev, Ilham Aliev, Nabucco, Southern Gas Corridor, EU, European Union, pipeline, TAP, ITGI, gas transit pipeline
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» To the forumComments (4)
sa-sha - 16 Nov 2011 // 10:14:22

Dino, thanks for another idea of BG President: "The countries of NATO, EU,
Azerbaijan...faced the same challenges". The word 'NATO' in bunch with 'EU', 'AZ...',
'same challenges' makes the whole phrase genial. Human idiocy is infinite....

Dino the Athenian - 15 Nov 2011 // 16:03:44

As I thought. A completely different picture emerges when you read the Azeri side of the story. (NOT EVEN CLOSE):


sa-sha - 15 Nov 2011 // 00:36:09

Key words of Bulgarian President: "...to reduce...dependence on natural gaz from
Russia". Oh, yes, Russia' sweet dream: to stop gaz deliveries....to Bulgaria, sure.
And, sure, the Azeris have already prouved that they are the 100% reliable suppliers....
Nu vot yob tvoyu мать [~my Lord!], what for to force Russia to increase gaz prices?

Dino the Athenian - 14 Nov 2011 // 23:02:15

The title does not make any sense at all.

The EU does not make any deals with anyone. The EU only buys what private firms bring to EU markets at rates which are dictated by the markets at the time.

The EU just got supplied with Nord Stream and soon its twin for a total supply what will satisfy EU markets for a long time to come.

What the significance of the BG deal is to satisfy an Azeri demand for downstream sales. When there is an eventual pipeline to transport Azeri gas to Europe, the Azeris simply don't want to supply the pipeline only for its final destination but to sell gas to all countries where the pipeline crosses.

So, Bulgaria is not showing the EU deal making. BG is simply complying with an Azeri demand to buy some of its gas. The same applies to Greece, Italy and Turkey. They all have individual deals to buy Azeri gas because that's the condition of sale set by the Azeris.

This title is somewhat embarrassing to even print.

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