Vladimir Malinov: Supplies of liquefied natural gas guarantee energy security for countries in Europe

"Supplies of LNG from our partners from the US, as well as from other countries, allow us to guarantee energy security for European domestic and industrial consumers." This was said by the executive director of Bulgartransgaz EAD Vladimir Malinov during a visit to the liquefied natural gas terminal in Wilhelmshaven, Germany.

The North Sea terminal became operational at the beginning of this year. It is one of the fastest built and most modern floating LNG regasification terminals. The visit to the LGN terminal is part of the program of the ongoing annual regular meeting of the general meeting of the Bulgarian Natural Gas Association. The Bulgarian representatives got acquainted with details of the construction and operation of the terminal, through which about 5 billion m.3/year. natural gas can be delivered to Germany. The Wilhelmshaven facility is the first of six such terminals based in Germany, which are expected to be operational by the end of 2023.

During his visit to Germany, Malinov spoke with Peter Arp, vice president of the company Uniper, which at the beginning of the year delivered the first cargo of liquefied natural gas in the federal republic to the new LNG terminal in Wilhelmshaven. Malinov emphasized that our country relies to a significant extent on liquefied natural gas as an energy source at the moment. He recalled that the Bulgarian gas transmission operator participates with a 20% share in the currently under construction terminal near Alexandroupolis, Greece. "The continued construction and development of liquefied natural gas terminals is the basis of energy security for Europe today," Malinov also said.