site.btaBulgaria, Slovakia Sign Memorandum of Understanding on Eastring Gas Project

Bulgaria, Slovakia Sign Memorandum of Understanding on Eastring Gas Project

Bratislava, July 13 (BTA) - Deputy Energy Minister Zhecho Stankov signed a Memorandum of Understanding on the Eastring Project between the Bulgarian Ministry of Energy and the Slovak Ministry of Economy. The document expresses the support of the two countries for the project in compliance with EU legislation, Stankov's Ministry said Wednesday.

Bulgaria and Slovakia acknowledge the need of coordinated work for the implementation of the project. They will also exchange information related to Eastring. The memorandum also says the two countries will identify all intergovernmental and other agreements relevant to the project when the need arises.

In the beginning of June, within the 14th Gas Infrastructure Europe Annual Conference in Sofia, the gas operators Bulgartransgaz of Bulgaria and Eustream of Slovakia signed a Memorandum of Understanding stating that they will cooperate in researching the opportunities for constructing Eastring on the two countries' territories.

Eastring is a project for connecting the gas transmission systems of Slovakia, the Czech Republic, Ukraine, Hungary, Romania and Bulgaria.

The Government approved the draft memorandum at a meeting on Wednesday.