Bulgaria Should Rely on Sources Other Than Just Russian Natural Gas

Bulgaria Should Rely on Sources Other Than Just Russian Natural Gas
energia.gr
Τετ, 3 Μαρτίου 2010 - 13:52
Bulgaria needed to diversify its fuel energy sources and guarantee its people a stable and corruption-free environment, US ambassador James Warlick was quoted as saying by Bulgarian-language Dnevnik daily on February 25 2010.

Bulgaria needed to diversify its fuel energy sources and guarantee its people a stable and corruption-free environment, US ambassador James Warlick was quoted as saying by Bulgarian-language Dnevnik daily on February 25 2010.

"In the past the US also made the mistake of becoming too dependent on Middle East oil, but we are now fixing that. You (Bulgaria) is too dependent on Russian natural gas and should think more about finding alternative fuel sources and developing renewable energy sources (RES)," Warlick said.

The Bulgarian Government should be applauded for its efforts in developing a new energy strategy, which was to be completed by the end of 2010, he said.

"We need legislation that encourages RES investments," Warlick said, and recommended the introduction of fixed prices for purchasing renewable energy, expansion of the grid network and investments in education in these specialist fields.

According to him, bio-technologies, IT and RES were the two sectors of mutual interest of Bulgaria and the US where investments should concentrate. He named Bulgarian yoghurt and white cheese as one of Bulgaria's successes in bio-technologies.

Energy security could be achieved not just by sources' diversification but also through a policy of transparency that brought down corruption and eliminated certain interests which otherwise would continue to dominate Bulgaria's energy sector, Warlick said.

He praised Bulgaria's efforts in participating in the Nabucco natural gas pipeline project as well as in building pipeline connections with Greece, Turkey and Romania.

On Bulgarian Prime Minister Boyko Borissov's efforts to cut crime, Warlick said: "Restoring the country depends on the supremacy of the law but it also has to do with creating an environment in which corruption has been overcome and people enjoy security".

The Bulgarian Government's economic policy was also praised by Warlick. Bulgaria ended 2009 with the lowest rate of budget deficit of all EU countries and should Bulgaria managed to end 2010 with a balanced Budget, it would have a chance in getting into the Euro zone as it would have covered all the criteria, he said.

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