Bulgaria to Specify Place for Receiving Azeri Gas by 2020

Energy | October 13, 2014, Monday // 13:50|  views

Photo by EPA/BGNES

Bulgaria should specify the point at which it will receive gas from Azerbaijan by 2020, the deadline for the completion of the Trans-Adriatic pipeline (TAP), according to Rovnag Abdullayev, President of the State Oil Company of Azerbaijan Republic (SOCAR).

Abdullayev, as cited by investing.com and Bulgarian news portal investor.bg, said that the technical issues concerning gas supplies had to be resolved by that time.

He also reminded that President Rosen Plevneliev had expressed Bulgaria’s willingness to receive gas supplies 2 years ahead of the initially scheduled date via the Turkish gas transmission grid and the existing gas grid interconnection with Greece.

Abdullayev specified that the move would allow Bulgaria to receive 200-300 million cubic meters of gas a year.

In September 2013, Bulgaria’s state-owned gas supplier Bulgargaz signed a contract under which the company is to receive 1 billion cubic meters of gas a year from Shah Deniz II as of 2019.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!


Tags: Trans-Adriatic Pipeline, TAP, gas pipeline, SOCAR, azerbaijan

Back  

» Related Articles:

Search

Search