Azernews.Az

By Trend

Azerbaijan will deliver one-third of Bulgaria’s gas demand, said Azerbaijan’s ambassador to Bulgaria Nargiz Gurbanova during the John Batchelor Radio Show.

“Azerbaijan and Bulgaria are strategic partners. In fact, Azerbaijan is Bulgaria’s biggest partner in the Caucasus. Three years ago, in 2015 an important document was signed. The Declaration of Strategic Partnership elevated the level of friendly and neighborly relations between our countries to the level of strategic partnership,” she said.

Gurbanova noted that this partnership envisages closer interaction on a multitude of areas of common interest, energy being one of them and I think, for the time being, the most important one.

“In fact, in 2013 an agreement was signed on the delivery of the gas resources, of energy resources from Azerbaijan to Bulgaria and effective 2020. So, right now, we are working closely with the Bulgarian partners and we are very much hopeful and we are looking forward to Bulgaria constructing a key element of this delivery that is the Interconnector Greece-Bulgaria,” said the ambassador.

She pointed out that it is envisaged that this project to be fully operational by the end of next year – early 2020 and will be able to supply 1 billion cubic meters of gas to Bulgaria.

“This is a very serious amount given the fact that Bulgaria’s annual energy demand varies between 2.7 to 3 billion cubic meters. It means that Azerbaijan basically will be delivering 1/3 of Bulgaria’s gas demand,” said Gurbanova.