Southern Gas Corridor, Gas Interconnectors Discussed

Southern Gas Corridor, Gas Interconnectors Discussed

The progress of the construction of the Southern Gas Corridor (SGC), the gas interconnector between Bulgaria and Greece and the interconnectors with the other neighbouring countries featured on the agenda of the discussions between President Rosen Plevneliev and Amos Hochstein, Special Envoy and Coordinator for International Energy at the US Department of State, the President' Press Secretariat said on Wednesday.
The implementation of these projects will guarantee diversification of energy supplies both to Bulgaria and the region, Plevneliev pointed out. 
According to Hochstein, it is very important for the interconnectors to be reversive in order to ensure two-way supplies of natural gas. President Plevneliev and Hochstein underscored that the upcoming signing of a conclusive investment decision will open the way to the practical implementation of the Bulgaria-Greece interconnector project. 
According to Plevneliev, it is important for the region that the establishment of the European Energy Union would begin in the Balkans to develop a regional energy exchange, which will be a precondition for achieving competitive prices of the energy resources.
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