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ATHENS, Greece — The leaders of Greece and Bulgaria have introduced plans to increase pure fuel cooperation with a deal that might assist different nations within the area decrease their dependence on Russian vitality.
Underneath an settlement signed in Athens Thursday, Greece will acquire entry to Bulgaria’s fuel storage services in trade for expanded use by Bulgaria of a liquefied pure fuel terminal close to Athens.
Russian provider Gazprom halted fuel deliveries to Bulgaria over a pay mechanism dispute final April, two months after Russia launched its invasion of Ukraine. Greece has additionally drastically diminished Russian fuel imports over the previous 12 months.
“For one 12 months now, Russian (aggression) has been held again by the courageous protection of the Ukrainian folks, but it surely continues to trigger financial ache by turning vitality into a method of blackmail,” Greek Prime Minister Kyriakos Mitsotakis stated after assembly President Rumen Radev of Bulgaria.
“The one possibility we’ve is to hurry up our effort to scale back our want for Russian fuel.”
Thursday’s settlement was signed 4 months after Greece and Bulgaria accomplished a pure fuel grid pipeline connection, giving Bulgaria entry to the LNG market via Greek port entry.
The European Union and the USA strongly supported the landmark undertaking that might additionally assist different Balkan nations decrease their dependence on Russian fuel, helped by continued pipeline system modification within the area.
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