Press Release: Commissioner Oettinger welcomes agreement on acceleration of gas interconnector between Bulgaria and Serbia

On 5 March 2010, the Minister for Economy, Energy and Tourism of the Republic of Bulgaria, Traycho Traykov, and the Minister of Mining and Energy of the Republic of Serbia, Petar Škundrić, signed in the presence of Director-General of DG Energy, Philip Lowe, a joint statement paving the way for the planned gas interconnector project between Bulgaria and Serbia. The Joint Statement is an expression of the commitment of both governments to the Serbia-Bulgaria gas pipeline. It outlines the concrete next steps of the project and invites the assistance of the European Commission and the International Financial Institutions in preparation of the project and related studies.