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Bulgaria reports that the expansion of its gas infrastructure is progressing according to schedule

Rumen Radev, Bulgaria's Prime Minister, said that the country's energy infrastructure expansion is?progressing and?running on schedule. In an effort to counter Russian influence in southern Europe, last year the United States signed a long term deal to export liquefied gas to Greece, then through Bulgaria and Romania, to Ukraine via the so-called Vertical gas Corridor. This route would also allow for gas flows to flow the other way.

Radev stated that Bulgaria is meeting its commitments, in a statement made in Sofia with the Greek Prime Minister KyriakosMitsotakis.

Radev stated that the Vertical Corridor was being implemented "on time". We have finished the works in Southern Bulgaria, and are now working on the northern Bulgaria. As part of this scheme, Bulgaria is also working to increase capacity of its existing?gas pipe with Greece from 2 billion cubic meters to 5 billion.

Radev said that Bulgaria was interested in taking a part in the management of Kavala in northern Greece, as a part of a Greek and Bulgarian rail freight corridor scheme. The scheme aims to connect northern Greece's port cities?to Bulgarian ports on the Black Sea and Danube without having to cross the Bosporus Strait.

Mitsotakis stated that the matter was mainly a concern for 'the private investors that now manage a part of the port. But he said if a scheme could be developed that involved Greek investments into Bulgarian infrastructure, it would make sense. (Reporting and editing by Kirsten Doovan; Additional reporting by Alex Lefkowitz)

(source: Reuters)