Home Page
10 Jun 11

Bulgaria, Turkey Agree to Speed Up Gas Grid Connection

Bulgaria and Turkey have agreed to speed up the construction of a gas grid interconnection between the two countries, their energy ministers said on Thursday.

Novinite (Sofia Press Agency)

Bulgarian Energy Minister Traicho Traikov met on Thursday with his Turkish counterpart Taner Yildiz in Kayseri, Turkey, where they took part in the signing of the Project Support Agreements (PSAs) between Nabucco Gas Pipeline International GmbH and the responsible ministries of the pipeline's five transit countries.

 

"The PSAs give better guarantees for the sustainability of key factors for Nabucco like the legal framework, the procedures, etc., they make it more bankable and pave the way for securing the funding. The implementation schedule for the gas pipeline makes us reiterate the importance of a speedy construction of a gas grid interconnection that will allow us to achieve true diversification and access other sources of gas supplies," Minister Traikov stated.

 

The Bulgarian expert working group on the project recommends building the gas link in the most economically profitable way, without commitments to the specifications of the Nabucco gas pipeline. As a result, the gas interconnection will not be a rival to Nabucco because of its totally different scale and terms for implementation, the group says.

 

The Nabucco pipeline project intends to bring gas to Europe via Turkey, in an effort to limit Russia's influence on Europe's gas supply.

 

Turkey, Bulgaria, Romania, Hungary and Austria are all involved in the project, which will bring gas from Turkey's eastern borders to a hub in Vienna, taking supplies from Azerbaijan, Iraq and Turkmenistan.

The 3,300 km pipeline would run from eastern Turkey to eastern Austria, via Bulgaria, Romania, and Hungary, pumping about eight billion cu m annually when it starts operation and 31 billion cu m when it reaches maximum capacity.

After a series of delay and doubts about the pipeline's future, officials now say that it is expected to deliver the first gas supplies in 2017. The cost of the project is estimated at €7.9 billion, but many experts say this is expected to rise.

 

At their meeting on Thursday, Bulgarian Minister Traikov said that his country's state power utility NEK will begin executing the contracts for electricity exports to Turkey in July, adding that this restarted for the first time after a nine-year break. According to the minister, the system is currently operating in test mode.

 

Another topic on the agenda of the meeting were the nuclear programmes of both countries, including the projects for new nuclear power plants.

 

Minister Traikov briefed his Turkish counterpart on the ongoing debates in the EU on the development of the sector and Bulgaria's call for the introduction of stringent and objective common standards about nuclear safety to be applied by EU member states and neighbouring countries.

Talk about it!

blog comments powered by Disqus

News

no-mention-of-enlargement-in-juncker-s-state-of-the-union-address-raises-concerns-09-14-2016
14 Sep 16

Juncker’s Silence on Enlargement Alarms Balkan Watchers

The decision of the European Commission President not to mention EU enlargement in his annual speech has left Balkan observers feeling concerned and disappointed.

turkey-demands-visa-free-travel-in-eu-in-talks-with-bulgarian-pm-08-26-2016
26 Aug 16

Turkey Sets Visa-Free Deadline for EU

The Turkish PM told his Bulgarian counterpart to pass on the message that the EU must drop visa requirements for Turkish citizens in October if Brussels wants to send back migrants to Turkey as agreed.

bulgaria-s-borissov-meets-turkish-pm-to-seek-partnership-on-migration-08-25-2016
26 Aug 16

Bulgarian, Turkish Premiers Seek Solutions on Migrants

The prime ministers of Bulgaria and Turkey, Boyko Borissov and Binali Yildirim, are meeting on Friday in Istanbul to discuss joint solutions to the continuing migration crisis.

macedonia-hints-closing-gulen-organizations-upon-turkish-request-08-25-2016
25 Aug 16

Macedonia May Shut Gulen-Linked Turkish Schools

Macedonia's Foreign Minister Nikola Poposki hinted that the government might have agreed to Turkey's request to close schools and organisations with suspected links to alleged coup plot leader Fethullah Gulen.

bulgarians-outraged-at-deportation-of-a-gulen-supporter-to-turkey-08-15-2016
16 Aug 16

Bulgarians Outraged at Deportation of Gulen Supporter to Turkey

Bulgaria’s extradition to Turkey of Abdullah Buyuk, a supporter of cleric Fethullah Gulen, is sparking outrage for a perceived capitulation to the increasingly authoritarian Erdogan regime.

russian-turkish-presidents-meet-to-reset-relations-08-09-2016
09 Aug 16

Russian, Turkish Presidents Meet to ‘Reset’ Relations

Russian President Vladimir Putin is hosting his Turkish counterpart Recep Tayyip Erdogan in an attempt to restore stronger ties after relations with the West were strained by Turkey’s post-coup crackdown.

us-military-chief-visits-turkey-to-ease-tensions-08-02-2016
02 Aug 16

US Military Chief Visits Turkey to Ease Tensions

Top US military official Joseph Dunford made an unexpected two-day visit to Turkey in what local experts believe is an attempt to improve strained relations after the recent failed coup.

kosovo-top-officials-snub-turkey-s-allegations-on-journalist-07-27-2016
27 Jul 16

Kosovo Snubs Turkish Demand to Punish Journalist

Kosovo's officials have rejected a demand from the Turkish embassy for Kosovo to punish a journalist for making satirical comments on Facebook about the failed coup.

turkey-coup-probe-turns-sight-on-mohammed-dahlan-07-27-2016
27 Jul 16

Turkey Eyes Dahlan's Role in Failed Coup

Turkish authorities say they will investigate whether Mohammed Dahlan, a Gulf-based Palestinian opposition leader with Serbian and Montenegrin citizenship, had a hand in the recent failed coup.

gulen-schools-fight-provokes-new-tensions-in-bosnia-07-26-2016
26 Jul 16

Gulen Schools Fight Provokes New Tensions in Bosnia

Row over schools operated by alleged Turkish coup leader could spark new conflicts and aggravate divisions in Bosnia according to experts.