Balgarianovinite.com President Iliana Iotova said on Monday that the Vertical Gas Corridor is of strategic importance for Europe’s energy security, the President’s press secretariat said. She noted that in addition to its economic benefits, it also has political significance at a time of serious geopolitical divisions and military conflicts.
The discussion on the role of the Vertical Gas Corridor was held alongside the Eighth Summit of the European Political Community in the Armenian capital Yerevan.
The discussion was also attended by heads of state and government from Greece, Moldova, Ukraine, Serbia and Romania. The Vertical Gas Corridor is a strategic initiative aimed at enhancing energy security and diversifying natural gas supplies across Southeastern, Eastern and Central Europe, the statement said.
In her remarks, Iotova noted that Bulgartransgaz is among the initiators of the idea for the sustainable expansion of gas transmission infrastructure in the region and was the first operator to launch targeted investments for the construction of the Vertical Gas Corridor.
Iotova briefed participants on Bulgaria’s gas infrastructure projects. For 2026, an increase in transmission capacity from Greece to Bulgaria is planned to ensure greater northbound flows from liquefied natural gas terminals in Greece, as well as an increase in transmission capacity from Bulgaria to Romania to secure greater flows to Eastern and Central Europe. By 2027, the capacity of the interconnection point in Stara Zagora is to be increased.
“Bulgaria is establishing itself as an important regional hub for natural gas distribution, with a well-developed transmission network with neighbouring countries. Our country plays a key role in ensuring north–south flows, supports diversification through access to LNG terminals in Greece, and strengthens connections with Romania and Serbia,” the President said, as quoted in the statement.
Iotova added that the Vertical Gas Corridor is proof of what can be achieved through strategic partnership.
“It is not merely a system of pipelines, but a symbol of our shared commitment to energy independence, security and development,” she said, highlighting the importance of cooperation and investment in infrastructure to ensure a stable and sustainable energy future for the region.
The Summit is co-chaired by European Council President Antonio Costa and Armenian Prime Minister Nikol Pashinyan, according to official information from EU institutions.
On Sunday, Iotova and Pashinyan signed a Joint Declaration on Strategic Partnership between Bulgaria and Armenia. President Iotova and her Armenian counterpart Vahagn Khachaturyan discussed ways to strengthen cooperation between the two countries. Vertical Gas Corridor Key to Europe’s Energy Security, President Yotova Says in Armenia 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-05-04 10:05:18 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