Procedures for commissioning the Greece-Bulgaria interconnector on October 1 are progressing according to schedule. The implementation of the project is in the final stage of realization and administrative procedures for issuing the relevant licenses for exploitation and right of use are running in parallel in both countries.
Azerbaijan and Bulgaria discussed the possibility of exchanging electricity for natural gas, the Azerbaijani and Bulgarian media reported.
The issue was discussed during the meetings of the acting Minister of Economy and Industry - Nikola Stoyanov in Baku.
A meeting between the Minister of Economy and Industry of Bulgaria Nikola Stoyanov and Minister of Economy Parviz Shahbazov took place, Trend reports via Shahbazov's Twitter.
"We discussed the commercial commissioning of IGB Gas Interconnector Greece-Bulgaria and the gas supply to Bulgaria within the expansion of the TAP Trans Adriatic Pipeline. It is predicted that approximately 600 million cm of gas will be exported to Bulgaria by the end of the year," he stated.
“ Azerbaijan was the first country to invite foreign leading energy companies to cooperate in the Caspian Sea. We have established strategic oil pipelines to Turkey's port on the Mediterranean Sea and Georgia's port on the Black Sea, which have changed the energy map of Europe by diversifying energy supplies to the world market," said the President of the Republic of Azerbaijan, Ilham Aliyev, in his speech on "Azerbaijan's Role in energy security" at the International Forum held in Cernobbio, Italy, on September 2, 2022.
Trans Adriatic Pipeline’s (TAP) expansion could contribute to Europe’s energy transition, Luca Schieppati, TAP Managing Director, said, addressing the Gastech Exhibition and Conference, Trend reports.
“TAP’s expansion capacity is offered to the market through regular market tests. The 2021 market test is in progress with its first binding phase taking place in November,” he noted.
Schieppati went on to add that the industry is now focused on hydrogen to achieve carbon neutrality.
The President of Egypt Abdel Fattah Al-Sisi met with the CEO and founder of the Greek Copelouzos Group Dimitris Copelouzou. The meeting was also attended by the Egyptian Prime Minister, Dr. Mustafa Madbouli, and the Minister of Electricity and Renewable Energy, Dr. Mohamed Shaker.
The finishing works required for the introduction of the intersystem gas connection Greece-Bulgaria are progressing according to the set schedule.
Bulgaria will receive 440 million cubic meters of natural gas from Azerbaijan starting from July to December 2022, announced the Ambassador of Azerbaijan to Bulgaria - H.E. Mr. Huseyn Huseynov.
Iran is preparing to flood Europe with its oil in place of the departing Russian energy carriers: Moscow's new friend has accumulated 100 million barrels of oil that can go to the West at any moment. Tehran is just waiting for the green light.
The Minister of Energy of Bulgaria - Rosen Hristov had a telephone conversation with the Minister of Energy of Azerbaijan - Parviz Shahbazov. This was reported by Trend.az agency on August 31, 2022, referring to the Bulgarian Ministry of Energy.
The parties discussed the terms for starting commercial supplies of Azerbaijani gas to Bulgaria via the IGB interconnector.
