Bulgaria considers Azerbaijan as the main supplier of gas to the gas distribution center Balkans, said the Deputy Minister of Energy of Bulgaria Zhecho Stankov on 29 September at the IV meeting of the Azerbaijani-Bulgarian intergovernmental commission on economic cooperation in Baku.
“Taking into account the strategic partnership between our two countries, Bulgaria considers Azerbaijan as the main source of gas for the hub Balkans,” said Stankov.
According to him, the parties are considering various fields of energy cooperation, including the supply of Azerbaijani gas to Bulgaria as part of the Southern Gas Corridor, a joint supply of Azerbaijani gas through Bulgaria to third countries.
“In addition, it is the exchange of experiences in connection with the liberalization of the Bulgarian power system and the research opportunities in electricity exchange between the two countries after the establishment of the corridor Azerbaijan-Georgia-Turkey-Europe,” said Stankov.
* The cost of construction of the gas distributing center Balkans is 1.2-2 billion Euros, depending on the version of the business model. The final price will be known after the construction of the hub, no earlier than 2017, because only by that time the business model will be chosen and the initial studies conducted.