Balgarianovinite.com If the European Union says that energy security is important, it should create a support mechanism, Deputy Energy Minister Teodora Georgieva said on Thursday during her participation in the 11th Delphi Economic Forum in Greece. According to her, crises often lead to closer cooperation between countries.
She recalled that the energy crisis linked to Russia’s war in Ukraine began in 2022, while new challenges related to tensions surrounding Iran and restrictions on resources are once again highlighting the need for common European solutions and leadership. “All countries must think together and stand together in resolving crises,” Georgieva said.
She highlighted the importance of energy security and infrastructure, noting that Bulgaria made one of its most important strategic decisions by signing a 25-year agreement with Azerbaijan, ensuring reliable natural gas supplies at competitive prices.
Georgieva underlined that, following the commissioning of the Greece-Bulgaria Interconnector, Bulgaria activated reverse flow through the Trans-Balkan gas pipeline for the first time, which is of key importance for supplies to Ukraine. Bulgaria is connected to the Southern Gas Corridor through the Trans Adriatic Pipeline and the Greece-Bulgaria Interconnector, which is essential in times of crisis, she said.
According to Georgieva, Bulgaria is also actively working on the development of the so-called Vertical Gas Corridor by expanding the capacity of its gas transmission infrastructure. This creates opportunities for transporting liquefied natural gas from Greece to Ukraine and strengthens Bulgaria’s role as a regional energy factor, she added.
Georgieva noted that, amid the growing importance of energy security, the EU needs to establish support mechanisms for strategic infrastructure projects. In this regard, a joint letter is being prepared by the ministers of the countries participating in the Vertical Corridor, calling for European support and greater competitiveness of the route, including through so-called “bundled” products for reserving capacity along the entire route from Greece to Ukraine.
As an important element of the energy mix, Georgieva pointed to natural gas, stressing that it is not possible to rely solely on renewable energy sources. “Hydrogen may come later, but let that happen later and let the market determine it,” she said.
Georgieva also emphasized the need to develop nuclear energy, as well as the importance of long-term planning and proper positioning of the country in the energy sector. Deputy Energy Minister in Delphi: EU Energy Security Needs Common Support Mechanism 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-04-23 14:58:01 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law