Official: Azerbaijani Gas Soon To Be Pumped To Bulgaria
Date
6/15/2022 5:15:40 AM
(MENAFN- AzerNews)
By Ayya Lmahamad
Bulgarian Prime Minister Kiril Petkov has said that his country
is expecting Azerbaijani gas supplies via the new Bulgarian-Greek
gas pipeline to start in July, Azernews reports, citing day.az.
'Our next big victory, which I hope we will achieve in July,
will be the launch of a gas pipeline with Greece through which
Azerbaijani gas will be pumped,' he said.
The prime minister added that this week he will also visit Baku
to confirm the volume of gas deliveries.
'We'll have a billion cubic meters of gas, which will be
supplied very soon. I expect that in July and August one billion
cubic meters of gas will be supplied to Bulgaria at a price that is
currently several times lower than the market one,' he said.
Moreover, Petkov stated that negotiations on a long-term
contract for the supply of U.S. liquefied gas are continuing.
'We have not finalized the issue of American gas. We keep
thinking what are the best long-term contracts out there. We are
trying to create a mix of liquefied and Azerbaijani gas so that the
average price is more favorable than that of Gazprom so that we can
be sure that the Bulgarian economy will remain competitive and
diversified,' he added.
Azerbaijan and Bulgaria agreed to supply 1 billion cubic meters
of gas per year through the Interconnector Greece-Bulgaria in 2021.
However, because the IGB is still under construction, Azerbaijani
gas is delivered to Bulgaria via the Kulata-Sidirokastro
interconnection point. Currently, the country receives only
one-third of this volume.
The IGB gas pipeline will connect to the Greek national gas
transmission system in Komotini and the Bulgarian national gas
transmission system in Stara Zagora. The pipeline's planned length
is 182 km, with a capacity of up to 3 billion cubic meters per year
in the direction from Greece to Bulgaria. The pipeline is designed
to increase its capacity up to 5 bcm/y depending on market interest
and the capacities of neighboring gas transmission systems.
A cooperation memorandum has been signed between ICGB AD and TAP
AG regarding joint actions in relation to the future connection of
the IGB pipeline and the Trans-Adriatic Pipeline.
The IGB project is critical in terms of increasing supply
security and diversifying gas supplies for Bulgaria and the SEE
region.
--
Ayya Lmahamad is AzerNews' staff journalist, follow her on
Twitter: @AyyaLmahamad
Follow us on Twitter
@AzerNewsAz
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