The government approved a draft of a joint declaration on energy cooperation between Bulgaria and Germany

The Council of Ministers approved a draft of a Joint Declaration on cooperation in the field of energy and climate action between the Ministry of Energy of the Republic of Bulgaria and the Federal Ministry of Economy and Climate Action of the Federal Republic of Germany. The document is scheduled to be signed on 09/08/2024 at the second edition of the Forum "Energy Future Dialogue in the Middle East and North Africa (MEFED) - Focus on Energy Infrastructure", which will be held in Thessaloniki, Greece.

Bulgaria and Germany are traditionally good partners within the European Union, the North Atlantic Treaty Organization and the United Nations. The two countries have enhanced energy cooperation and a shared vision for a green transition of the economies and the achievement of climate neutrality by 2050. Bulgaria and Germany are consistently pursuing the achievement of the EU's ambitious energy and climate goals in support of efforts for sustainable economic and environmental transformation of Europe, while aiming to guarantee energy security.

The draft declaration reflects the intention of the two countries to strengthen their cooperation in terms of common interests in a number of areas such as the application of hydrogen technologies, the use of renewable energy, the promotion of energy efficiency and security, sectoral decarbonization, the development of green energy corridors and interconnections, carbon capture, use and storage and more.