(MENAFN- Trend News Agency) Details added: first version posted on 13:30
SOFIA, Bulgaria, April 25. The 'Solidarity
Ring' (upgraded transmission network systems of Bulgaria, Romania,
Hungary and Slovakia) will greatly help increase the transport
potential in Europe, Azerbaijani Energy Minister Parviz Shahbazov
said, trend reports.
He made the remark at the ceremony dedicated to the signing a
Memorandum of Understanding for encouraging cooperation among
Bulgartransgaz (Bulgaria), Transgaz (Romania), FGSZ Hungary),
EURSTREAM (Slovakia) and the State Oil Company of Azerbaijan
(SOCAR) in Sofia.
"This memorandum is an important step towards the implementation
of the STRING initiative. Azerbaijan has been playing a strategic
role in ensuring the energy security of Europe for two years now,"
According to the minister, Azerbaijan fully supports such
"STRING (cross-border organisation spanning across Germany,
Denmark, Sweden and Norway) countries in the future can play the
role of a transit for transporting gas to other countries," he
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.