NEWS

President Rosen Plevneliev Held Talks with Amos Hochstein, Special Envoy and Coordinator for International Energy Affairs in the US Department of State

The progress on building the South Gas Corridor, the inter-systemic gas connector between Bulgaria and Greece and the inter-connectors with Bulgaria’s other neighboring countries, were among the topics discussed at the meeting between President Rosen Plevneliev and Amos Hochstein, Special Envoy and Coordinator for International Energy Affairs in the US Department of State. The implementation of these projects will guarantee diversification of the energy supplies not only to Bulgaria, but also to the region, the Head of State said.

In Hochstein’s opinion, it is extremely important that we ensure reverse-flow energy connections, so that an opportunity is provided for a bidirectional supply of natural gas. President Rosen Plevneliev and Amos Hochstein highlighted that the forthcoming signing of the final investment decision will open the way for the practical implementation of gas connections between Bulgaria and Greece.

In the Bulgarian Head of State’s view, it was important for the region that the development of the EU energy union started from the Balkans and that a regional energy exchange was created, which would be a prerequisite for achieving competitive prices of the energy resources.