Energy security is more important than ever, but energy security also means economic security, resilience and overall regional security, Energy Minister Iva Petrova said at the international conference “Central and Eastern Europe Together for a Competitive and Secure Energy Future” in Sofia on Thursday.
The event is organized by the Bulgarian Petroleum and Gas Association (BPGA) under the auspices of the Ministry of Energy.
According to Petrova, the two key factors for ensuring energy security are infrastructure and strong regional cooperation, and cited the Vertical Gas Corridor initiative as an example.
“Connectivity makes sense only if it goes hand in hand with competitiveness. Here and today, we are raising the important question of how to make our region’s energy future much more competitive and secure,” she said.
Central and Eastern Europe has its own specific characteristics, Petrova said, adding that the countries in the region have different resources and investment capacities. “We have common European goals that are our collective commitment, but on the way towards them, we must take these realities into account. Only in this way can we build a fair and practically applicable framework that creates conditions for modernization while also promoting socioeconomic cohesion,” the minister said.
The signing of the Sofia Declaration on Energy Security and Competitiveness in Central and Eastern Europe is an important moment because it turns regional cooperation into a practical instrument, Petrova said. She added that she had undertaken to carry the declaration forward at the political level.
Energy Security Depends on Infrastructure and Regional Cooperation, Energy Minister Says THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-10-08 08:08:32
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