Minister Zhecho Stankov: Strong Connectivity and a Unified Approach Are the Path to a Stable Energy Environment in the Region
Minister of Energy held a working meeting with the Director-General of the European Commission’s Directorate-General for Energy, Ditte Juul Jorgensen
“Strong connectivity and a unified approach are the path to a stable energy environment in the region,” stated Minister Zhecho Stankov during his discussion with DG Energy Director-General Ditte Juul Jorgensen. The meeting is part of the ongoing dialogue between Bulgaria and the Directorate-General for Energy of the European Commission on strategic energy issues in particular on proposal for REPowerEU Regulation.
During the discussions, the two officials addressed a number of key topics for the development of the sector in the context of the proposal for REPowerEU Regulation and Bulgaria’s role concidering the strong interconnectivity of the grid and Bulgaria’s leading role in ensuring the security and resilience of energy supplies in the Southeast Europe region.
Minister Stankov emphasized that Bulgaria holds strategic importance for the energy security of the entire region, with its geographic location making it a key factor in the transmission and diversification of supplies. He highlighted the importance of coordinated action at the European level to successfully address current challenges affecting the sector’s competitiveness.
“Bulgaria is a reliable partner of the European Commission in efforts to promote diversification, connectivity, and resilience. Our main priority is to ensure stable supplies and predictable energy prices for both citizens and businesses,” stated Minister Stankov. The officials also discussed the accelerated work on the construction of the Vertical Gas Corridor, which will provide diversification of sources and routes for natural gas transmission helping to phase-out Russian supplies from the region.
The bilateral meeting was followed by technical expert exchanges on the proposal for REPowerEU regulation and agreement on bi-lateral work plan.