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Bulgartransgaz to develop its infrastructure to ensure a higher level of interconnectivity

Bulgaria’s natural gas transmission system operator Bulgartransgaz is developing and modernising its infrastructure to ensure a high level of interconnectivity with significant transmission capacities. This allows not only to secure gas supplies to the country but also gas flows passing through Bulgaria, to reach the vulnerable countries of the European Union, as stated by the Executive Director of Bulgartransgaz, Vladimir Malinov during Delphi Economic Forum in Greece.

Mr Malinov presented the progress on the implementation of Bulgartransgaz projects aimed at the security and diversification of gas supplies.

“This year we launched the expansion of Chiren underground gas storage,” he recalled. “The availability of sufficient capacity for gas storage, injection and withdrawal is of utmost importance for successful entry into the market of alternative sources of pipeline gas and LNG.”

He added that the synergy of the project with the LNG terminals in the region, including Alexandroupolis, as well as with the significant transmission capacities at the connection points with neighbouring countries determine the importance of the storage facility in a regional perspective.

In regard to the Alexandroupolis LNG terminal, Mr Malinov stressed Bulgartransgaz’s participation with 20 per cent as a shareholder. According to him, this is the kind of project which is crucial for the entry of new natural gas quantities from alternative sources, thus increasing the energy security in the South East Europe region.

“A few days ago, a memorandum between Bulgaria, Romania, Hungary, Slovakia and Azerbaijan on the STRING initiative was signed in Sofia, which aims at the immediate provision of additional natural gas quantities to Europe from Azerbaijan via a secure route,” he pointed out.

Also important was the discussion around hydrogen and the fact that gas transmission system operators will have a key role in the process of decarbonization and development of a hydrogen economy.

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