Bulgarian Minister of Foreign Affairs Daniel Mitov was on an official visit to Greece on Wednesday, October 21, at the invitation of his Greek counterpart Nikos Kotzias.
After meeting both officials held a press conference, making statements.
“The interconnector between Greece and Bulgaria is the most important connection of the future European Energy Union,” said Minister Mitov, speaking at the event.
In his words, the main effect to be produced by building the interconnector between both countries is related to diversification of energy sources and mutual connectivity between energy systems.
““Diversification” and “mutual connectivity” are key words when speaking about the application of the future European Energy Union and Greece is a key partner in [energy] sources diversification,” Daniel Mitov noted.
He stated Bulgaria would rely greatly on the Southern Gas Corridor and future plans for building an LNG terminal in Greece.
“The future building of the Bulgaria-Greece interconnector will guarantee the deliveries of gas to Northern Europe through Bulgaria and Romania as well as to Western Europe through Serbia. Reverse flow connections will guarantee the flow of gas will move to Bulgaria from other sources, too,” Minister Mitov commented.
In his words, this will create real gas markets in the EU, where gas prices will go down.