Bulgaria wants to become active in energy talks with Caspian nations

Bulgaria should become an active player in the negotiation process in the energy sphere with the countries of the Black Sea and Caspian Sea regions, as well as the Middle East, Bulgarian media outlets quote the country's President Georgi Purvanov, as saying.

"Bulgaria should not just wait and watch, it should become an active factor, a reliable partner in the negotiations with the countries of the Black Sea, the Caspian region and Middle East. No European country pursues such an active policy on relations with the countries of these regions," Purvanov said.

Admitting the fact that the Nabucco pipeline project is a particular priority for the EU, the Bulgarian President insists that Russia's South Stream project should take an appropriate place in the EU plans.

"Nabucco" is worth 7.9 billion euro, with its construction scheduled to start in 2012 and the first supplies to be commissioned in 2015. The project's participants include the Austrian OMV, Hungarian MOL, Bulgarian Bulgargaz, Romanian Transgaz, Turkish Botas and German RWE, each having an equal 16.67% share. The pipeline's maximum capacity will hit 31 billion cubic meters per year.


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