Bulgaria Energy Minister Meets with Greek Counterpart (ROUNDUP)

Bulgaria Energy Minister Meets with Greek Counterpart (ROUNDUP)

A day before the official ceremony dedicated to the start of construction of the Trans Adriatic Pipeline (TAP) is held, the energy ministers of Bulgaria and Greece confirmed the political support for the realisation of the inter-system gas connection and the LNG terminal near the town of Alexandroupoli, the press centre of the ministry announced on Monday.
Bulgarian Minister of Energy Temenuzhka Angelkova and Greek Minister of Productive Reconstruction, Environment and Energy Panos Skourletis were united around the view both projects should be jointly developed and depend on each other.
In Minister Skourletis’ words, TAP, which is a part of the Southern Gas Corridor, is among the ten biggest energy projects ever seen globally.
During the meeting, Minister Petkova discussed with her Greek counterpart the completed first phase of the market test of the project for an interconnector between Greece and Bulgaria.
Nine companies booked a capacity of over 4.3 billion m3 of gas, which exceeds the initially envisaged capacity of the gas pipeline.
Temenuzhka Petkova stated the upcoming second phase was even more important for the successful realisation of the project.
“The building of the LNG terminal and the inter-system Greece-Bulgaria gas connector will guarantee competitive prices of energy resources and competitive economies for both countries,” the Bulgarian government member commented.
The legal, financial, and technical parameters of the project for an LNG terminal are to be clarified by the end of the year.
Minister Petkova and Minister Skourletis committed to continuing active work on the two projects.

FOCUS News Agency

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