Bulgaria is interested in participating in the green energy corridor from Azerbaijan

15:29, 11.06.2024
Bulgaria is interested in participating in the green energy corridor from Azerbaijan

Bulgaria is interested in joining as a co-shareholder in the initiative to create a "green" corridor for the transmission of green energy, produced in Azerbaijan, to Europe, Bulgaria’s caretaker Prime Minister, Dimitar Glavchev, said at his meeting with Azerbaijani Foreign Minister, Jeyhun Bayramov. Their talks in Berlin were also attended by Bulgarian caretaker Energy Minister, Vladimir Malinov.

The caretaker PM confirmed Bulgaria's support for the initiative, in which Georgia, Hungary and Romania are also participating alongside Azerbaijan. It is yet to be specified which state-owned company will take part in it on the Bulgarian side.

During the talks, the "Vertical Gas Corridor" was also discussed, for the construction of which, two main contracts were signed a week ago in Sofia, in the presence of caretaker Prime Minister Glavchev and Minister Malinov.

Caretaker PM, Dimitar Glavchev, pointed out that the project will be developed within the framework of the strategic declaration signed between Azerbaijani President Ilham Aliyev and European Commission President Ursula von der Leyen on increasing the amount of natural gas that should reach European markets from 2027. This will replace Russian gas supplies. The project will also solidify Bulgaria's place on the gas map and serve as a major corridor for the South-North transport of Azeri natural gas to Central European markets.

The upcoming meeting of the Bulgarian-Azerbaijani Intergovernmental Commission for Economic Cooperation in Baku in early July was also discussed at the meeting. The commission has not met in the last five years and the upcoming meeting is expected to further boost bilateral cooperation.

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