Bulgaria and Greece share a common initiative to accelerate the unification of the energy market
Bulgaria and Greece will work towards developing a common strategic document to be presented to the Council of Energy Ministers with concrete proposals to accelerate the unification of the energy market. The common objective is to build a reliable and efficient energy system in Southeast and Central Europe.
This was the main focus of the meeting between the Minister of Energy Iva Petrova and the Minister of Environment and Energy of Greece Stavros Papastavrou which took place in Athens.
The energy ministers also took part in the working meeting of the gas transmission system operators of the countries along the Vertical Corridor – Greece, Bulgaria, Romania, Hungary, Slovakia, Ukraine, Moldova – and the participants from North Macedonia and Serbia.
The progress on the construction of the Vertical Gas Corridor and the possibilities for expanding the initiative were further discussed.
“Today we are no longer talking about plans or intentions. There has been tangible progress and it is the result of joint efforts of all partners in the initiative. When we started this project, our goal was to diversify Russian gas supplies. Its significance is already much greater,” said Minister Petrova.
In her words, in the current geopolitical environment, energy security is inextricably linked to sustainability, economic and national security. “It is therefore crucial that we keep up the pace and even accelerate our efforts even further. The region needs to come up with a clear proposal with strong political support,” Minister Petrova emphasised.
