Bulgaria will continue to be a key player in export of gas and electricity assured the Minister of Energy
« We are not downplaying the » Chiren « case, Energy Minister Zhecho Stankov told BNT. In the course of the interview, in response to various questions, he reiterated that all the documents requested would be given to the investigators so that they could establish all the facts and circumstances on the case.
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« The central idea is to expand Chiren’s capacity of 550 million cubic meters of natural gas per 1 billion cubes, this guarantees the country’s energy security, » the minister recalled. He pointed out that ground infrastructure – the new compressors have already been installed. « We have Act 16 for the compressors and in the spring we can impose cheap gas for households. Thus, storage opportunities have already increased by 20%, » Stankov said.
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« Bulgaria will continue to be a key player in the export of gas with the realization of the vertical gas corridor together with Greece, Romania, Ukraine, Moldova, Hungary. With the construction of the first section, which is from the border with Greece to the tower to Kresna, we can increase the capacity of 2.3 billion to 3.6 billion meters of gas. The starting point of the Romanian border to double the capacity, with 5 billion cubes, it becoming 10 billion cubes, « the minister said.
« Bulgargaz » is at a loss of BGN 280 million
For the contract with Botash, concluded by Rosen Hristov – Energy Minister of Energy in the Government of Pigeon Donev, Stankov said that the only opportunity was a renegotiation. « I had a productive meeting with the Turkish ambassador on the topic. At the end of this week, I will meet with my Turkish counterpart in Azerbaijan and discuss the case, » the minister said. He recalled that according to the contract, signed for 13 years, Bulgaria must pay Turkey, fees for its terminals and gas infrastructure, whether it uses them for gas supplies.
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As a result of this unprofitable contract last year, Bulgargaz has 280 million levs, said Zhecho Stankov. According to him, the shake of the company began during the government of Kiril Petkov, and now there is a need for renegotiation of contracts and healing of the company.
The minister said that Bulgaria would also remain a key player in the electricity market, thanks to 7 and 8 at Kozloduy NPP. In response to a question about the liberalization of the energy market, the minister said that the ministry was ready for all scenarios, and thanks to compensation, the rise in electricity should not be felt by household consumers.