President Petro Poroshenko and President of Bulgaria Rosen Plevneliev discussed energy security. The parties emphasized that energy issue should stay apart from politics and focus solely on economic logic. It is necessary to establish correct and predictable behavior between suppliers and consumers.
“We must do everything for gas to stop being a political weapon,” the President of Ukraine said. According to Petro Poroshenko, gas supply should be carried out solely under market principles. In his turn, Rosen Plevneliev noted: “Gas is a commodity. We are willing to help all gas producers transport and sell it in Europe under market prices and conditions”.
The Ukrainian President emphasized the importance of ensuring energy security of Europe. “Any projects bypassing Ukraine make gas in Europe more expensive. Thus, the price becomes non-competitive. Ukraine is interested in a long-term guarantee of energy security of the EU based on market principles and prices,” Petro Poroshenko said.
The parties emphasized that Bulgaria and Ukraine guarantee continuance and stability of gas supply through their territory for all suppliers. “We believe that Ukraine and Bulgaria have a very good gas transport system. We also believe that it is economically feasible to use the existing pipes rather than invest dozens of billions in new projects,” Rosen Plevneliev noted.
The Ukrainian President is confident that transit agreement between “Naftogaz” and “Gazprom” will be continued after 2019, for there is no wise economic alternative to that. However, the President doesn’t exclude the possibility of reaching an agreement with the EU on purchasing gas for the entire Europe on the Ukrainian-Russian border in order to avoid monopolism.
Petro Poroshenko also noted the prospects of gas storage facilities in Bulgaria and Ukraine for the supply of gas to Europe.
According to Rosen Plevneliev, every state has a right to diversify its sources and suppliers of gas, electricity and other energy resources. “We are not against Russia. We buy Russian gas and want to keep buying it. But we are against the lack of long-term clarity,” the President of Bulgaria emphasized.
Rosen Plevneliev notes that it is important to act within the European Energy Union, which is aimed at the creation of fair and transparent conditions on the energy market and provides for the right to have alternative suppliers and routes of delivery.