Bank Of Baku

Bulgaria plans to sign contract on gas supply with Azerbaijan

Bulgaria plans to sign contract on gas supply with Azerbaijan
# 28 January 2013 13:41 (UTC +04:00)

 

Baku. Anakhanum Hidayatova – APA-Economics. Bulgargaz is in talks for gas supplies from the Shah-Deniz 2 field in Azerbaijan, said Dimitar Gogov, CEO of the state-owned company, APA-Economics reports citing Reuters.

 

In Gogov's words, the gas supply contract with the Shah Deniz 2 consortium is to be signed by end-2013.

 

The CEO of the state-owned gas supplier explains that Bulgaria will seek all of the 10 billion cubic meters expected to remain available after the quantities earmarked for Azerbaijan and Turkey have been taken out.

 

"Naturally, it is unrealistic to believe that we shall manage to get all of the 10 billlion cubic meters of gas, which is why we are talking about volumes which will allow us to guarantee Bulgaria's consumption by 2020" he says.

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