Extracts from the signature of the agreement on acceleration of gas interconnector between Bulgaria and Serbia

Type: Summary of press conference   Reference: I-064702   Duration: 10:04:05  Lieu:
End production: 05/03/2010   First transmission: 05/03/2010
On 5 March 2010 in Brussels, Traicho Traikov, Bulgarian Minister for Economy, Energy and Tourism, and Petar Škundrić, Serbian Minister for Energy and Mining, signed in the presence of Philip Lowe, Director General of the DG "Energy" of the EC, a joint statement paving the way for the planned gas interconnector project, between Bulgaria and Serbia. The joint statement was an expression of the commitment of both governments to the Serbia-Bulgaria gas pipeline. It outlined the concrete next steps of the project, and invited the assistance of the European Commission, and the International Financial Institutions, in preparation of the project and related studies. They gave a joint press conference after the signature ceremony of the agreement.

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TIME DESCRIPTION DURATION
10:00:00 Title 00:00:05
10:00:05 Cutaway of the signature 00:00:06
10:00:11 Signature of the agreement between Traicho Traikov, Bulgarian Minister for Economy, Energy and Tourism, and Petar Škundrić, Serbian Minister for Energy and Mining, in the presence of Philip Lowe, Director General of the DG "Energy" of the EC (5 shots) 00:00:49
10:01:00 Cutaway 00:00:06
10:01:06 SOUNDBITE (in ENGLISH) by Philip Lowe: This document paves the way for the first structural cooperation between Bulgaria and Serbia, and of the two respective companies, Srbijagas and Bulgartransgas, to deliver an important element of the European gas infrastructure. I am very happy we could actually have the signature here in Brussels. I hope it send a clear signal that the Commission is keen to see the integration of the European Energy community, into the EU's energy market. And, as you are probably aware from the briefing, the interconnector will deliver on the principle, that we set for the energy community contracting parties, each contracting party will have at least two interconnectors with two different neighbours. 00:01:00
10:02:06 Cutaway 00:00:06
10:02:12 SOUNDBITE (in ENGLISH) by Traicho Traikov: For Bulgaria, this will be at least the third connector already. Yesterday, the Bulgarian, Greek and Italian companies signed in Thessaloniki, initiating them to the creation of infrastructures company for the Bulgarian-Greek's interconnector. So this one already gives a first for Bulgarian terms of diversification, something that a few years ago, we couldn't have imagined it would happen. So, I think when this interconnector is ready, and the other two, Bulgaria is going to build with Greece and with Romania and possibly with Turkey, we will have already a possibility for establishing a real gas market. 00:00:43
10:02:55 Cutaway 00:00:05
10:02:55 SOUNDBITE (in ENGLISH) by Traicho Traikov: Although the options are limited now, the future potential is very promising. We could have gas coming from energy terminals in Greece, energy terminals in Turkey, possibly over the Black Sea, possibly gas from Romania. 00:00:18
10:03:18 Cutaway 00:00:06
10:03:24 SOUNDBITE (in SERBIAN) by Petar Škundrić, saying that it is equally important both for Serbia and for the Republic of Bulgaria. It represents a part of the National Plan for Diversification of the Republic of Serbia, and it also represents a part of their intentions of gas interconnections with neighbouring countries. They become a serious hub of gas installations which will provide good diversification, by the most precious energy carrier, natural gas. 00:00:41
10:04:05 Cutaway 00:00:06
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