Energy Minister Zhecho Stankov attended the tenth edition of the Delphi Economic Forum in Greece. "Bulgaria is a reliable partner in the region's energy transformation and security," he said during his speech at the panel "Addressing Energy Regional Challenges".
The minister emphasised Bulgaria's established role in ensuring security and competitiveness in the region, particularly through gas interconnections with its neighbours. Stankov also highlighted the prospects of domestic energy production to maintain competitive prices for consumers.
In the coming days, the Bulgarian government will sign a contract with Shell to explore for oil and gas in the Khan Tervel block in the Black Sea. Just a few weeks ago, a new shareholder joined the exploration of the Khan Asparuh block. According to the minister, these developments are promising for Bulgaria's energy independence.
Stankov also pointed out that the priority project, the "Vertical Gas Corridor", is of vital importance not only for Bulgaria, but also for south-eastern and central Europe, including Moldova and Ukraine.
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