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HomeLNGUS LNG supplies guarantee energy security for Bulgaria, says Bulgartransgaz Director

US LNG supplies guarantee energy security for Bulgaria, says Bulgartransgaz Director

“LNG supplies from our partners from the US, as well as from other countries, enable us to ensure energy security for the European domestic and industrial consumers,” said the Executive Director of Bulgaria’s Gas TSO Bulgartransgaz, Vladimir Malinov during a visit to the liquefied natural gas terminal in Wilhelmshaven, Germany.

The North Sea terminal became operational at the beginning of this year. It is one of the fastest-built and most modern floating LNG regasification terminals. The visit to the LGN terminal is part of the program of the ongoing annual regular meeting of the general meeting of the Bulgarian Natural Gas Association. The Bulgarian representatives got acquainted with details of the construction and operation of the terminal, by which about 5 billion cubic metres (bcm)/year of natural gas can be delivered to Germany. The Wilhelmshaven facility is the first of six such terminals based in Germany, which are expected to be operational by the end of 2023.

During his visit to Germany, Mr Malinov spoke with Peter Arp, vice president of the company Uniper, which at the beginning of the year delivered the first cargo of liquefied natural gas in the Federal Republic to the new LNG terminal in Wilhelmshaven. Mr Malinov emphasised that currently, Bulgaria relies to a significant extent on liquefied natural gas as an energy source. He recalled that the Bulgarian gas transmission operator participates with a 20 per cent share in the ongoing construction of the terminal near Alexandroupolis, Greece.

“The continued construction and development of liquefied natural gas terminals are the basis of energy security for Europe today,” Mr Malinov said.

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