site.btaSouthern Gas Corridor, Gas Interconnectors Discussed by President, US Department of State Special Envoy Hochstein

Southern Gas Corridor, Gas Interconnectors Discussed by President, US Department of State Special Envoy Hochstein

Sofia, June 10 (BTA) - The progress of the construction of the
Southern Gas Corridor (SGC), the gas interconnector between
Bulgaria and Greece and the interconnectors with the other
neighbouring countries featured on the agenda of the discussions
 between President Rosen Plevneliev and Amos Hochstein, Special
Envoy and Coordinator for International Energy at the US
Department of State, the President' Press Secretariat said on
Wednesday.

The implementation of these projects will guarantee
diversification of energy supplies both to Bulgaria and the
region, Plevneliev pointed out.

According to Hochstein, it is very important for the
interconnectors to be reversive in order to ensure two-way
supplies of natural gas. President Plevneliev and Hochstein
underscored that the upcoming signing of a conclusive investment
 decision will open the way to the practical implementation of
the Bulgaria-Greece interconnector project.

According to Plevneliev, it is important for the region that the
 establishment of the European Energy Union would begin in the
Balkans to develop a regional energy exchange, which will be a
precondition for achieving competitive prices of the energy
resources.