Building Regional Gas Hub Remains Priority for Bulgaria

Building Regional Gas Hub Remains Priority for Bulgaria
SeeNews
Τρι, 13 Ιανουαρίου 2015 - 18:29
Turning the country into a gas distribution centre for EU member states in the region continues to be a priority for Bulgaria, the European Commission (EC) said on Monday, quoting prime minister Boyko Borisov.
Turning the country into a gas distribution centre for EU member states in the region continues to be a priority for Bulgaria, the European Commission (EC) said on Monday, quoting prime minister Boyko Borisov.

Last month, Bulgaria sent a letter to the European Commission proposing to build an EU-funded regional gas hub near the Black Sea port of Varna to dispatch Russian gas deliveries to the rest of Europe.

Such a gas hub could supply Central and Western Europe, as well as countries from the European energy community, the Commission quoted the Bulgarian prime minister as saying during a meeting with EC vice president Maros Sefcovic.

Sefcovic, on his side, said that such a gas hub can play an important role in developing regional gas markets.

“Pre-conditions for functioning gas hubs are proper infrastructure, transparency, and liquidity and non-discriminatory access to suppliers and customers,” the statement read.

Borisov and Sefcovic agreed on holding the first meeting of the high Level Group in Sofia to analyse the energy situation in the region and, among others, whether and how these conditions can be met by the creation of a gas hub in Bulgaria.

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