Supported byClarion Energy
HomeGasSOCAR will open...

SOCAR will open an office in Bulgaria in May

During his visit to Azerbaijan, Bulgarian President Rumen Radev announced that the State Oil Company of Azerbaijan (SOCAR) will open an office in Bulgaria in May.

According to President Radev, SOCAR’s office in Bulgaria is a sign of Azerbaijan’s serious intentions for further deepening of cooperation between the two countries in the energy sector. The opening of the office was agreed during President Aliyev’s visit to Sofia in September 2022.

The Azerbaijani side showed interest in the Solidarity Ring project, which is to unite the capacity of the gas transmission networks of Bulgaria, Greece, Romania, Slovakia, and Hungary to create real energy diversification.

President Radev said that he invited Azerbaijan to join the project, which is fully in line with the European vision of guaranteeing supplies, their security and diversification.

He reminded that Bulgaria is already receiving the full quantities of Azeri gas through the Greece- Bulgaria interconnector on very good terms.

Sign up for updates & special reports

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Bulgargaz obtains 10-year wholesale gas licence for Serbia

Bulgargaz, the Bulgarian state-owned gas supplier, has secured a 10-year wholesale gas licence in Serbia. The permit authorises the company to conduct commercial gas trading on the Serbian market. The development extends Bulgargaz’s trading footprint across Southeastern and Central...

Kozloduy unit 5 output cut as Danube levels fall below cooling-water thresholds

Bulgaria’s Kozloduy nuclear power plant has reduced output from unit 5 after exceptionally low Danube levels constrained cooling-water availability. Regulators said the plant remains within safe operating limits. The reduction is linked to river conditions rather than an identified...

Bulgaria competition authority expands Lukoil wholesale fuel pricing investigation

Bulgaria’s competition authority has intensified its examination of the wholesale fuel market, requesting additional cost and pricing information from Lukoil Bulgaria and Lukoil Neftochim Burgas. The request is part of an ongoing probe into how changes in crude-oil prices,...
Supported byVirtu Energy