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We give electrical power to Azerbaijan in trade for gasoline

Electrical power from Bulgaria compared to gas with Azerbaijan: these types of an arrangement was reached in the course of the check out of the Minister of Economic system and Field Nikola Stoyanov to Baku. The minister explained that with these types of a plan – the bartering of gas for energy, we could acquire quantities in the future 4-5 months, when we have to have it most in the wintertime, BNT reported.

“They develop electrical energy only from gasoline and we are a major producer of energy, we export and we have an overproduction. There is this risk, it was confirmed in principle – if we can offer them with energy and they as an alternative of producing this electrical energy, fuel. to whom they preserve they will give it to us “, stated Nikola Stoyanov – Minister of Economy and Business.

There were several highlights through the go to to Baku, Stoyanov announced and additional that the 1st was linked to progress on interconnection with the southern fuel corridor.

“We have severe assurance that this fuel relationship will start on Oct 1. The Azerbaijani aspect has verified that they can count on the achievement of the contract we have with them for 1 billion cubic meters for every 12 months in whole,” stated Nikola Stoyanov. .

Next, in the long phrase, the southern fuel corridor is envisioned to grow and in 3-4 many years this growth is anticipated to be operational, which implies that we could acquire an additional billion cubic meters of fuel for every year from Azerbaijan. , stressed the minister.

“They provided us as a conventional companion to avert us from a little portion of the expansion. This indicates that we will have 2 billion cubic meters per year with very long-term contracts with Azerbaijan and our intake is all over 3.5 billion per yr. year, which suggests near to 60%. The specialists of the Ministry of Vitality will carry on talks with Azerbaijan, there will be negotiations on cost, amount, when particularly, etcetera. The vital detail is that we declare these portions from now onwards “, discussed Minister Stoyanov.

A 3rd central topic for the duration of the Baku talks was the chance of getting extra portions of gas this winter.

“Negotiations are also underway with Gazprom, but no one particular is familiar with what will transpire, and therefore opportunities are becoming sought to guarantee gas to Bulgarian firms and citizens. Opportunities are sought from where by to get much more portions for the winter, but the problem is that all countries are looking for and Azerbaijan is under excellent stress, “pressured Nikola Stoyanov.

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