Bulgaria to Rely on Azerbaijan for Achieving Greater Energy Diversification – President

Bulgarian President Rosen Plevneliev (L) during the meeting with his Azerbaijani counterpart Ilham Aliyev (R). Photo: BGNES/presidential administration

Bulgarian President Rosen Plevneliev stated on Sunday that the country will rely on Azerbaijan for achieving a greater diversification of its energy supplies.

Plevneliev said this after meeting his Azerbaijani counterpart Ilham Aliyev in Baku following the end of the men's volleyball final between Bulgaria and Germany.

The Head of State added that Bulgaria expects to purchase natural gas from Azerbaijan and pointed to Baku as being a strategic partner in helping Sofia attain its diversification goals.

Plevneliev added that Bulgaria's strategic goal was to have different sources of gas supplies and a market-oriented price, so that the country is not dependent on the monopoly of a single supplier.

According to him, it was not a secret that Bulgaria was still paying the highest priceс on its gas supplies.

In his words, Bulgarian citizens and industry did not deserve such a fate and commented that lower gas prices would lead to the creation of more jobs and greater incomes for the Bulgarian industry.

Plevneliev reminded that Bulgaria declared its strategic partnership with Azerbaijan last year and highlighted that there was potential for the development of bilateral trade and the exchange of goods.

The Bulgarian president called for more active bilateral trade in medicines, foods, tobacco products and Bulgarian agricultural products.

Plevneliev was in Baku on the closing day of the First European Games and watched the final of the men's volleyball, which Bulgaria lost 1-3 to Germany.

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