NEWS

Head of State: The Memorandum between Bulgargas and the Hungarian MVM CEEnergy Opens an Opportunity for Bulgaria to Participate in the LNG Market for Central and Eastern Europe

2023-09-14 19:43:00
 
The Memorandum signed today between Bulgargaz and MVM CEEnergy opens the opportunity for Bulgaria to participate in the LNG market for Central and Eastern Europe. This is what President Rumen Radev told journalists today after he held successive meetings in Budapest with Hungarian President Katalin Nowak and Prime Minister Viktor Orban. In the presence of the Bulgarian Head of State and the Hungarian Prime Minister, a memorandum of understanding and cooperation in the field of LNG supply and trade was signed between Bulgargas and MVM CEEnergy.
 
The Head of State recalled that as a result of the pro-European policy of the caretaker government Bulgaria had gained free access to the liquefied gas terminals of Greece and Turkey, as well as to their gas transmission networks, and today this country not only consumes and transits natural gas, but also declares itself an active participant in the liquefied gas market for Central and Eastern Europe.
 
President Radev stressed that Bulgaria should have the ambition to become an indispensable factor contributing to the security of natural gas supplies and energy diversification of our allies and partners in Europe.
 
At his meeting with the Bulgarian head of state, Prime Minister Viktor Orban expressed his high appreciation for Bulgaria's reliability of natural gas supplies through the Southern Gas Corridor and readiness to further deepen the bilateral partnership. The sides concurred that the importance of the Southern Gas Corridor would continue to grow and further action is needed to increase the capacity to transport natural gas through Bulgaria.
 

MORE FROM NEWS

Bulgarian President Rumen Radev and His Majesty King Abdullah II of Jordan to Host in Sofia Aqaba Process Balkans III - Heads of State and Government Level Meeting

31 March 2025 | 12:12
The Aqaba Process Initiative is a series of international meetings launched by His Majesty King Abdullah II of Jordan II in 2015. Its aim is to maintain international and regional coordination and cooperation in the fight against terrorism, extremist ideologies and radicalization through a comprehensive approach. In order to promote open dialogue among the participants of the Aqaba Process, discussions are held in an informal setting.

Rumen Radev: Security Challenges Make Industrial Cooperation and the Joint Creation of Defence Technologies and Products in Europe a Necessity

26 March 2025 | 15:03
Rheinmetall AG CEO Armin Papperger Is Visiting us at the initiative of the Bulgarian President to Identify Specific Cooperation Projects with the Bulgarian Defence Industry and Science

President Rumen Radev and Foreign Minister Juraj Blanar Discuss the Prospects for Expanding Cooperation between Bulgaria and Slovakia

24 March 2025 | 17:05
President Rumen Radev and Minister of Foreign Affairs and European Affairs of the Slovak Republic, Juraj Blanar, discussed the prospects for expanding cooperation between Bulgaria and Slovakia in the economy, energy, innovation, automotive industry and pharmaceutics at a meeting at the Presidential Institution.

Rumen Radev: Bulgaria and Vietnam Share Relations of Sincere Friendship, Trust and Respect

24 March 2025 | 16:04
The Head of State honoured the Ambassador of the Socialist Republic of Vietnam with the Order of the Madara Horseman, First Class

ОТКРИТО УПРАВЛЕНИЕ

e-ДОКУМЕНТИ

BULGARIAN CHRISTMAS

SUPPORT A DREAM

JOHN ATANASOFF AWARD

CONSULTATIVE COUNCIL FOR NATIONAL SECURITY


Useful links