Bulgaria hopes for gas supplies from Azerbaijan to its regions, a source at the Bulgarian ministry of energy told Trend.
Greece supports the efforts for increasing rhe capacity of the Trans Adriatic Pipeline (TAP) and the Interconnector Greece-Bulgaria (IGB), said the country’s deputy minister of environment and energy Alexandra Sdoukou, Trend reports via the ministry.
Following a tender in accordance with the Public Procurement Law, ICGB commissions a Bulgarian company to develop a detailed design for the Stara Zagora gas metering station (GIS2), which will expand the capacity of the IGB gas pipeline. The transport operator is working to develop the gas pipeline infrastructure and increase the total technical capacity from 3 billion cubic meters per year to 5 billion cubic meters per year.
The expansion of the Southern Gas Corridor, which supplies gas from the Caspian Sea region to Europe, was among the topics discussed at the Black Sea Security Conference organized by Caspian Policy Center, Trend reports.
The Trans Adriatic Pipeline (TAP) has transported around 10 billion cubic meters of natural gas to Italy in 2023, Trend reports via the TAP AG consortium.
“From 2026 we will be able to supply 1.2 billion cubic meters more per year,” reads a message from the consortium.
Plans to expand the capacity of the IGB interconnector to 5 billion cubic meters per year will be of great importance to be able to transfer 10 billion cubic meters per year of LNG from the terminals in Greece and Caspian gas through the Southern Gas Corridor, reaching Moldova, Ukraine, Hungary and Slovakia.
Over 15.5 million megawatt-hours (MWh) were transported on the Greece-Bulgaria gas interconnection in 2023. The project celebrated its first anniversary and successfully achieved 365 days of operation without interruption of activities.
Azerbaijan has consistently shown its willingness to boost gas supplies and provide assistance to Europe during times of crisis. Through President Ilham Aliyev's well-defined energy strategy, the country has established itself as a dependable and trustworthy energy partner for Europe. The EU countries are progressively reinforcing their energy alliances with Azerbaijan and actively endorsing all related initiatives.
If Turkmenistan does not act before the EU lines up alternate sources of gas, the Trans-Caspian Pipeline project will become unviable, Allan Mustard, co-founder and co-head of the Trans-Caspian Resources energy startup, Former US Ambassador to Turkmenistan, told Trend.
Bulgaria is interested in the Green Corridor Project, which involves the transportation of green energy from the Caspian Sea (Azerbaijan) through the Black Sea (Georgia) to Europe, the Ministry of Energy of Azerbaijan told Trend.
