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Bulgaria and Greece launched the gas pipeline

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This will make it possible to receive gas from the Azerbaijani Shah Deniz field, as well as liquefied gas from various sources through terminals in Greece.

Bulgaria and Greece have completed the construction of a gas pipeline between the two countries. This could significantly reduce Europe’s reliance on Russia’s gas, according to Reuters.

It was noted that the pipeline with a length of more than 180 kilometers runs between the northeast of the Greek city of Komotini and the Bulgarian city of Stara Zagora and connects the gas delivery systems of Greece and Bulgaria. This will give these countries and their neighbors access to new network connections.

The Greece-Bulgaria Interconnector will allow the reception of gas from the Azerbaijani Shah Deniz field, as well as liquefied gas from various sources through terminals in Greece.

In the past, Bulgaria met more than 90% of its needs with Russia’s gas imports. After refusing to pay Russia in rubles, Gazprom completely suspended gas supplies to Bulgargaz. Bulgaria then began testing gas supplies from Azerbaijan.

As for Greece, it covers about 40% of Russia’s annual gas demand. Completion of the pipeline was delayed due to delays in the import of materials during the coronavirus pandemic. Construction of the gas pipeline began in May 2019 in Bulgaria. It is planned that construction will be completed by the end of November 2020.

Earlier it was reported that Bulgaria will buy gas cheaper than Gazprom.

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Source: korrespondent

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