Bulgaria-Greece gas interconnector a ‘matter of months’

It is a matter of months until the gas connection between Greece and Bulgaria is completed announced the prime ministers’ of the two countries Kiril Petkov and Kyriakos Mitsotakis, who held a meeting in the Council of Ministers on Monday. [EPA-EFE/VASSIL DONEV]

It is a matter of months until the gas connection between Greece and Bulgaria is completed announced the prime ministers’ of the two countries Kiril Petkov and Kyriakos Mitsotakis, who held a meeting in the Council of Ministers on Monday.

They noted that the gas interconnector is vital for both sides and should be completed as soon as possible.

“Friendly relations will be strengthened, together we can achieve more, especially in energy, common infrastructure and regional stability in the Balkans,” said Petkov.

“There are many opportunities for the development of energy systems,” Mitsotakis said. “We have common views on many topics. From now on, Athens and Sofia will start a new stage of their cooperation,” he added.

The two sides will agree to use the differences in peak electricity consumption to balance their systems. “In Greece, the peak is in the summer, during the day, while in Bulgaria it is winter, in the evening. This means that there are synergies that together we can optimise, “said Petkov.

Bulgaria is losing a lot from the delay in constructing the gas interconnector with Greece.

At the end of last week, the President of Azerbaijan Ilham Aliyev expressed readiness for his country to export larger quantities of gas to Bulgaria than the 1 billion cubic metres per year of the current contract. The construction of the gas connection is led by the Greek company Avax.

(Antonia Kotseva, Krassen Nikolov | EURACTIV.bg)

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