This key project, expected to be completed within the first quarter of 2026, is linked to the extension of Greece’s capacity to Bulgaria
The Minister of Environment and Energy, Mr. Stavros Papastavrou, today visited Bulgaria’s Kresna, invited by the Minister of Energy of the neighboring country, Mr. Zeko Stankov. The two ministers, together with Bulgarian Prime Minister Rosen Zeliaskov and Hungarian Foreign Minister Peter Sigarto, inaugurated the construction of a large branch of the Bulgarian Network of Natural Gas in the framework of the vertical gas corridor. It is recalled that 7 countries (Greece, Bulgaria, Romania, Hungary, Slovakia, Moldova, Ukraine) participate in this flagship energy project.
Mr Papastavrou had the opportunity to talk to his Bulgarian counterpart, highlighting the importance of the two countries’ energy interconnection with the rest of Europe and the strengthening of the energy security of SE Europe and the Eastern Mediterranean.
This hub, expected to be completed within the first quarter of 2026, is linked to the expansion of the capacity from Greece to Bulgaria (with the Sidirokastro interconnection point) and from Bulgaria to Romania (with Kresna interconnection) as a basic part of the performers and a basic part of the of supply security. Its operation will enable increasing quantities of gas from the south to the north.
The vertical corridor facilitates natural gas flows through Greece’s terminals to the countries of northeast and central Europe. The ultimate goal is to support the complete differentiation of sources of supply of countries in the region and to enhance its energy autonomy.
It is noted that the plan of the vertical corridor is promoted by 9 administrators from the 7 countries involved in the project. These are DESFA and GASTRADE from Greece, Bulgartransgaz and ICGB from Bulgaria, Transgaz from Romania, FGSz from Hungary, Slovakia Eustream, Moldova VMTG and GTSou from Ukraine.
The Minister of Environment and Energy, Mr. Stavros Papastavrou, said: “The vertical axis of the South – North becomes a reality. The gas starting from our country will reach Central and Eastern Europe. This is of great value, as it highlights the lead role of our country in Europe’s energy autonomy and security. But it is also of great importance geostrategic, because new arteries are being created in our country. The government is making a decisive, strategy, to strengthen our country’s position in Europe. “
Source: Skai
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