Technical study on Bulgaria, Turkey gas link to be ready in May 2012.

By bne IntelliNews April 4, 2012
The technical study on the construction of a gas interconnector between Bulgaria and Turkey will be ready in May, Turkeys Ambassador in Sofia Ismail Aramaz said, as quoted by BTA. In March, Bulgarias economy minister Delyan Dobrev and Turkeys energy minister Taner Yldz signed a declaration to speed the construction of the interconnector. The capacity of the pipeline is to reach 1 to 3bn cubic metres of natural gas annually and it may increase twofold. The length of the interconnector, which is to transport Caspian gas to Europe and secure cheaper supplies through a LNG terminal, is estimated at 77 kilometres. The investment value has not been disclosed.
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