Bulgaria signals historic shift from Russian gas

Vladimir Putin’s invasion of Ukraine is prompting Bulgaria to think the unthinkable — and smash up with Russian herbal gas.

For decades, Bulgaria’s strength policy has been fashioned under stress from Russian strength companies, like the state-owned herbal gas producer Gazprom and the petroleum massive Lukoil.

But in a potentially ancient move that may want to redraw the European strength map, the country’s Deputy Prime Minister Asen Vassilev said that when Bulgaria’s 10-year deal with Gazprom expires at the give up of 2022, Sofia will seem elsewhere to meet its herbal fuel needs.

“In this situation, there can’t be talks with Gazprom,” Vassilev told Bulgarian National Radio. “There are alternatives.”

Vassilev’s announcement comes simply months before the deliberate completion of a pipeline linking Bulgaria’s network with Greece — a mission that U.S. and European diplomats have long suspected Moscow was pushing Sofia to stop. Bulgaria has some of the deepest ties to Moscow of any u . s . a . in the European Union however its new government, which took strength in December, is trying to chart a extra unambiguously pro-Western trajectory.

The pipeline — recognized as the Greece-Bulgaria interconnector — would introduce flexibility into the southeastern European fuel market, potentially permitting international locations in the place to diversify away from Russian gasoline and enhancing connections between the EU and Middle Eastern and Central Asian gas producers.

According to Bulgarian Energy Minister Alexander Nikolov, the project is anticipated to allow the country to ramp up its fuel capacity from three billion to 5 billion cubic meters of gasoline imports per 12 months and provide Sofia with a hyperlink to a planned LNG terminal scheduled to come to be operational in the Greek town of Alexandroupolis in 2023.

Sofia will additionally are seeking for to make bigger imports from Azerbaijan, which already substances Bulgaria with 1 billion cubic meters of gas per year. The deputy high minister said that expenses ought to be kept in check if a common EU gasoline provide agreement used to be signed with Baku, arguing that “when there are larger volumes, higher costs can be achieved.”

LNG imports are probably to result in extra expensive gasoline for Bulgaria, however Vassilev stated the switch had end up an critical as a result of the combat in Ukraine.

“This is not simply a Bulgarian position: this is a frequent European strategy,” he said, invoking the latest settlement made by EU leaders in Versailles to “phase out our dependency on Russian gas, oil and coal imports as soon as possible.”

See the link: https://politi.co/36hlTqM

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