Baku, Sofia Discuss Opening Of SOCAR Office In Bulgaria
Date
10/7/2022 9:50:48 AM
(MENAFN- AzerNews)
By Ayya Lmahamad
Baku and Sofia have discussed the idea of opening an office of
Azerbaijan's State Oil Company (SOCAR) in Bulgaria, Azernews
reports.
The discussion took place during a meeting between Bulgarian
Energy Minister Rosen Hristov and Murad Heydarov, SOCAR
representatives Executive Director for the Balkans.
During the meeting, the parties also discussed various
opportunities for cooperation and touched upon issues of common
interest to both sides in the field of natural gas and
electricity.
SOCAR's representatives expressed interest in cooperation with
Bulgaria in a wide range of areas.
The meeting was attended by managers and experts from the
Bulgarian state energy companies, BEH, EAD, NEK, ESO, Bulgargaz,
and Bulgartransgaz.
Diplomatic relations between the two countries were established
on June 5, 1992. Over 70 agreements were signed between Azerbaijan
and Bulgaria.
With the commercial launch of the Interconnector
Greece-Bulgaria, Azerbaijan will export about 600 million cubic
meters of gas to Bulgaria by the end of 2022. Bulgarian Energy
Minister Rosen Hristov earlier said that negotiations are underway
to increase gas supplies from Azerbaijan to Bulgaria, at least for
the heating season, for another 200-300 million cubic meters.
The trade turnover between the two countries amounted to $72.6
million in 2021.
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Ayya Lmahamad is AzerNews' staff journalist, follow her on
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