Bulgaria, Greece and Serbia will cooperate on gas projects that would increase security of supply in the region. Bulgarian Minister of Energy Temenuzhka Petkova and her Greek and Serbian counterparts Giorgos Stathakis and Aleksandar Antic met on an oil and gas forum in Alexandroupoli to discuss gas sources diversification in the region.
The three sides agreed that the diversification of gas supplies will make it possible to have competitive prices and meet the challenges in the region. Minister Petkova said that talks are underway with the European Commission so that additional financing for the Greece-Bulgaria gas interconnector (IGB gas pipeline) could be made available. At European Union level, the project has already obtained consistent political and financial backing. The project is subject of EU financial support through the European Energy Program for Recovery (EEPR) to the amount 45 million euros.
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