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Reading: We are waiting for commercial details of LNG import agreement from Egypt: Bulgaria’s Energy Minister
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Dailynewsegypt > Blog > Business > Energy > We are waiting for commercial details of LNG import agreement from Egypt: Bulgaria’s Energy Minister
BusinessEnergy

We are waiting for commercial details of LNG import agreement from Egypt: Bulgaria’s Energy Minister

Fatma Salah
Last updated: 2022/11/08 at 2:47 AM
By Fatma Salah 2 Min Read
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We are waiting for commercial details of LNG import agreement from Egypt: Bulgaria’s Energy Minister
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Sharm El-Sheikh – Energy Minister of Bulgaria Rossen Hristov told Daily News Egypt that his country waits for the final details from the Egypt side on the LNG import agreement from Egypt.

The minister added on the sidelines his participation in COP27 that: Bulgaria looks forward to activating the agreement as soon as possible, and is seeking to enhance cooperation with the Egyptian side in the promising opportunities in the field of energy.

Last month, Egypt signed a memorandum of understanding with Bulgaria to export LNG to Bulgaria. At the time, the Bulgarian minister expressed his country’s desire for Egyptian gas to be one of the important tributaries in meeting part of Bulgaria’s needs of LNG in light of the distinguished historical relations and keenness to expand cooperation frameworks, especially in the field of supplying liquefied gas and energy in general.

During the Bulgarian Energy Minister’s visit to Egypt at the end of last October, it was agreed to sign a memorandum of understanding to develop technical, scientific, technological and commercial cooperation in the field of oil and gas in a way that achieves the common benefit of both countries.

In September Egyptian President Abdel-Fattah Al-Sisi and Bulgarian President Rumen Radev discussed ways to strengthen bilateral cooperation in the energy sector.

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