Bulgartransgaz, Setgaz to Build 2 Gas Network Links to Turkey

Business » ENERGY | September 12, 2012, Wednesday // 20:54
Bulgaria: Bulgartransgaz, Setgaz to Build 2 Gas Network Links to Turkey File photo, BGNES

Turkish company Setgaz will indeed build a connection between the gas networks of Turkey and Bulgaria, but it will be separate from the one to be constructed by Bulgartransgaz, stated the latter company.

Thus Wednesday Bulgargransgaz confirmed reports that the Bulgarian cabinet has already concluded an agreement with Setgaz Dogalgaz for the construction of a gas pipe from the Turkish network on to Stara Zagora in Bulgaria.

"We know of Setgaz's intentions to build the pipeline. We have expressed our desire for the connection to be operated by Bulgartransgaz once being constructed," stated the Bulgarian company.

Bulgartransgas further said it supports all investments that could contribute to increasing Bulgaria's security and independence in terms of natural gas deliveries.

The company however adds that Setgaz's project has a different concept and route from its own.

Bulgartransgaz has nevertheless explained that the second connection will in no way affect its own project.

Bulgaria hopes to have its connection to Turkey's gas system ready before the end of 2014.

The country has embarked on building system links to neighboring Turkey, Greece and Romania to decrease energy dependence on Russia, which currently supplies it with some 90% of its natural gas demand.

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Tags: Russia, greece, Romania, Turkish, turkey, natural gas, Bulgargaz, Bulgartransgaz, Setgaz, Bulgaria-Turkey pipeline, interconnection, interconnector

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