EU Ready to Finance Bulgaria-Greece Gas Link, PM Borisov Says

EU Ready to Finance Bulgaria-Greece Gas Link, PM Borisov Says

Bulgaria’s Prime Minister Boyko Borisov said on Friday he has been assured by EU energy chief Maros Sefcovic that the European Commission will finance the construction of a gas interconnection between Bulgaria and its southern neighghbour Greece.
“I believe we’ll be able to build it using European funds,” Borisov told reporters in Brussels following a EU Council meeting.
He also said that Bulgarian company Bulgartransgaz has completed preparatory works and is starting the construction of a new gas link with Romania. The interconnection between Bulgaria and its northern neighbour will be able to carry over 30 billion cubic metres of gas in both directions.
Commenting on the proposal to build a gas distribution centre in Bulgaria to serve Southeastern Europe and the EU, Borisov said that the idea – now before the European Commission - is open to implementation.
“We firmly insist and now everyone realizes that it can be done. There will be several sources of gas supply,” he said.
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