Arab Today, arab today bulgaria azerbaijan confirm gas deal
Last Updated : GMT 21:39:40
Arab Today, arab today
Arab Today, arab today

Bulgaria, Azerbaijan confirm gas deal

Arab Today, arab today

Arab Today, arab today Bulgaria, Azerbaijan confirm gas deal

Washington - Upi

Azerbaijan will make good on commitments to supply Bulgaria with 1 billion cubic meters of gas per year, Bulgarian President Georgi Parvanov said this week. Appearing with Azerbaijani President Ilham Aliyev Monday in Baku, Parvanov said the two countries are ready to make official a deal struck last year to supply that from Azeri gas fields in the Caspian Sea, the Sofia News Agency reported. The agreement could serve as an example to the European Union how to successfully negotiate energy deals with Azerbaijan as the EU strives to diversify its natural gas supplies from Russia. \"Bulgaria has its place of being a pro-active factor in these energy relations that can overtake the relations between the EU and Azerbaijan with the realization of some of the initiatives that we started long ago,\" Parvanov said. Calling the agreement a \"small breakthrough,\" he said it could eventually be of great significance and lead to much more sizable deals in the \"southern corridor,\" including the ambitious Nabucco pipeline proposal and smaller projects to connect Azerbaijani supplies with European customers. The Sofia-Baku agreement, which is separate from the ongoing negotiations on the EU-sponsored Nabucco pipeline, to which Bulgaria is also a party, could serve \"to demonstrate to Europe how things can be done,\" Parvanov asserted. The news agency said current plans call for the gas to flow into Bulgaria via Georgia, Turkey and Greece once gas network interconnections between Bulgaria and Greece are ready. The Bulgarian Energy Holding and Greek utility DEPA have promised to complete the interconnection between Bulgaria and Greece in 2013, a year earlier than the term stipulated in the project\'s road map, the Sofia Echo reported. The supplies are also dependent on an agreement between Azerbaijan and Turkey, through the gas would transit. The gas deal was first proposed last year as part of Bulgaria\'s long range efforts to diversify its supplies from Russia and was confirmed in September when Bulgarian Economy and Energy Minister Traicho Traikov visited Baku. \"These supplies are important for Bulgaria because they guarantee alternative sources and routes for gas deliveries,\" Traikov said then. \"They are also important for Southeast Europe to create competition that will lead to lower prices for consumers. Azerbaijan is also interested as it finds new markets.\" Bulgaria is also hoping the State Oil Co. of Azerbaijan, or SOCAR, will make investments in Bulgarian gas storage facilities, gasification and gas distribution and oil processing facilities, which needed rehabilitation and upgrades, the Echo reported. Monday\'s meeting between the Bulgarian and Azeri leaders also yielded cooperation agreements in other areas, including the exchange of confidential information and education, the Azeri Press Agency said. \"Our political relations are at a high level, and such mutual visits are clear evidence of this,\" Aliyev told Parvanov during their meeting. \"Of course, the energy factor is also playing an important part in our relations, our companies are holding negotiations in this sphere. \"We can see successful development in all areas, and I am sure that this positive trend will be continued after your visit,\" he said.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today bulgaria azerbaijan confirm gas deal Arab Today, arab today bulgaria azerbaijan confirm gas deal

 



Arab Today, arab today
Arab Today, arab today Fadi explains secrets of  Nancy Ajram's newlook

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Tourist guide explains types of tourism

GMT 18:28 2017 Saturday ,25 February

Tourist guide explains types of tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Zainab al-Maliki reveals herTV presenter models

GMT 18:12 2017 Friday ,24 February

Zainab al-Maliki reveals herTV presenter models

GMT 05:33 2017 Thursday ,23 February

Oil slips but close to multi-week high

GMT 17:44 2017 Wednesday ,22 February

Gasoline 98 octane price surges LL100

GMT 15:37 2017 Wednesday ,22 February

Nakilat Posts QR 955 Million Profit in 2016

GMT 15:32 2017 Wednesday ,22 February

Laffan Refinery 2 Cost QR 3 Billion

GMT 15:31 2017 Wednesday ,22 February

Oil up 2% as OPEC chief sees higher compliance with cuts

GMT 07:00 2017 Wednesday ,22 February

Oil prices rise on high OPEC compliance with output cuts
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Actress Lobna Abdel Aziz proud of her career

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 10:20 2017 Thursday ,23 February

Brazil's top diplomat resigns

GMT 11:54 2017 Thursday ,23 February

Saudis await visitors but will they come?

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday