Bulgaria and Germany Enhance Energy Cooperation in Thessaloniki
Key Ideas
  • Bulgaria and Germany signed a Joint Declaration on Cooperation in Energy and Climate Action in Thessaloniki, focusing on hydrogen technologies, renewable energy, and green transition.
  • The declaration aims to strengthen energy ties between the two countries, emphasizing the importance of energy corridors, supply diversification, and system security.
  • Minister Malinov also discussed energy security with Greece, highlighting the significance of the Alexandroupolis LNG terminal and the Vertical Gas Corridor initiative.
  • Collaboration with the UAE was addressed, promoting dialogue on energy flows and cooperation in liquefied natural gas, nuclear energy, renewables, and energy efficiency.
In Thessaloniki, Bulgaria and Germany solidified their energy partnership by signing a Joint Declaration on Cooperation in Energy and Climate Action. The agreement, endorsed by Minister Malinov and Dr. Robert Habeck of Germany, outlines plans to expand collaboration in hydrogen technologies, renewable energy, and green transition. Both ministers stressed the importance of enhancing energy ties, including diversifying energy supplies and ensuring system security. Additionally, Minister Malinov engaged in discussions with Greek officials on energy security, focusing on the role of the Alexandroupolis LNG terminal and the Vertical Gas Corridor initiative. The talks also addressed rising electricity prices, with Bulgaria, Greece, and Romania planning joint measures to protect consumers and businesses. Furthermore, Minister Malinov explored opportunities for cooperation with the UAE, emphasizing dialogue on energy flows and collaboration in various energy sectors. This comprehensive approach aims to bolster energy security, promote efficiency, and advance towards a low-carbon economy in the region.
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