Azerbaijani Economy 5 december — 19:29

Azerbaijan, Bulgaria not only friends, but strategic partners

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Azerbaijan and Bulgaria are not only friends, but also strategic partners, Azerbaijan’s ambassador to Bulgaria Nargiz Gurbanova told Bloomberg TV, Trend reports.

This was reflected in the joint declaration on strategic partnership signed in 2015, said the envoy, adding that this document opens up new opportunities to develop cooperation not only in the sphere of energy, but also other spheres.

“Energy has always been an important component of our cooperation. In 2020, first volumes of Azerbaijani gas will be delivered to Bulgaria. This will be a very important step to provide for one third of Bulgaria’s demand for gas,” said Gurbanova.

It should be noted that Bulgaria’s Bulgargaz has a long-term contract for 25 years with Azerbaijan’s state oil company SOCAR for supply of 1 billion cubic meters of natural gas per year from Shah Deniz 2, which is one third of Bulgaria’s domestic consumption.

Further, the envoy pointed out that Bulgaria is an important partner of Azerbaijan among other EU members to reach the EU markets.

For Bulgaria, Azerbaijan is a gateway to the Central Asian market, added the ambassador.

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