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Bulgaria and Montenegro to promote cooperation between electricity systems

Christian Fernsby |
Bulgaria and Montenegro are establishing a bilateral working group for cooperation in the field of energy, Bulgarian Energy Minister Temenouzhka Petkova and Montenegrin Economy Minister Dragica Sekulic agreed during talks in the capital city of Podgorica. The Electricity System Operator EAD CEO, Angelin Tsachev, also too part in the meeting, the Energy Ministry said on Monday.

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Within the working group the experts will analyse the opportunity for cooperation that will allow Bulgaria to export electricity along the new infrastructure of the undersea power line linking Montenegro and Italy, which will become operational at the end of 2019. In the course of the meeting Sekulic updated the Bulgarian side about the status of the project.

In connection with that and in the context of the implementation of the Belene N-plant project, the working group will analyse the opportunities for sale of the electricity generated in Bulgaria through the territory of Montenegro. The options for market consortia between the countries will also be discussed.

Petkova said that after the undersea power line becomes operational Montenegro will hold an important position in the region's power system.

At a meeting with Milutin Simovic, Deputy Prime Minister for Economic Policy and Financial System and Minister of Agriculture and Rural Development, Petkova said that Bulgaria hails Montenegro's actions to transpose EU energy legislation.

The sides agreed to hold the next meeting of the intergovernmental commission in November.

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