(MENAFN- Trend News Agency) BAKU, Azerbaijan, March 12. Bulgaria is
interested in increasing gas supplies from Azerbaijan to the EU, a
source at the Bulgarian Ministry of Energy told Trend .
"Azerbaijan is a strategic economic partner of Bulgaria and an
important source for diversification of natural gas supplies to our
country. With the commercial operation of the Greece-Bulgaria
Interconnector (IGB) as of 1 October 2022, Bulgaria has effectively
become an integral part of the strategic infrastructure of the
Southern Gas Corridor, thus helping to strengthen the
diversification of natural gas supply sources and routes for
European countries. Providing conditions for an increase of gas
supplies from Azerbaijan to the EU, a main topic of the forthcoming
meeting, is a matter of huge interest to us," said the source.
The source went on to add that Bulgaria would be glad to discuss
how the development of the existing and new gas fields is
progressing, as well as the expectations about the growth of the
energy sector in Azerbaijan.
"Bulgaria is interested in enhancing its strategic partnership
with Azerbaijan on gas supplies, which are significant factor for
meeting the objectives of energy security and diversification. The
specific quantity of deliveries depends on the market interest and
demand not only of the Bulgarian economy and consumers, but also of
those of our neighbors. We highly appreciate our bilateral
cooperation with Azerbaijan, which has deepened over the years and
opened horizons for new partnerships. The capacity of IGB is
planned to be increased up to 5 bcm," noted the source.
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