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Slovakia signs memorandum with Bulgaria over Eastring pipeline

Staff Writer |
Slovak Economy Minister Peter Ziga and Bulgarian Deputy Energy Minister Zhecho Stankov signed a memorandum of understanding concerning the Eastring gas pipeline project.

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Ziga said the deal still lacks the signatures of two partner countries - Hungary and Romania - through which the pipeline should pass.

Stankov noted this memorandum would enhance the energy security of the EU.

The Eastring pipeline is a joint project of Slovakia, Romania, Bulgaria and Hungary with a planned capacity hovering at around 20 to 40 billion cubic metres of gas per year.

The project should involve gas from the Caspian region, with a corridor prepared for transporting the commodity from southeastern Europe to western Europe.

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