Transcript prime minister boyko borissov`s presentation at the meeting of the
INITIATIVE FOR GAS HUB CREATION IN SOUTH EASTERN EUROPE SOFIA, 09.02.2015 г.
Domestic production Fgreat Britain Denmark Holland Norway North Sea Russia ЕС 32 % Share of Russian Gas Russia 56 % Share of Russian Gas Domestic production Potential Domestic fields Black Sea LNG LNG
Дял на вноса на газ от Русия спрямо общото потребление по държави за 2013 г Gas import from Russia by states for 2013, bcm/y Romania 1,10 Italy 24,90 Slovakia 5,30 Share of the gas import from Russia toward the total consumption by states for 2013
100,0% 90,0% 80,0% 70,0% 60,0% 50,0% 40,0% 30,0% 20,0% 10,0% 0,0% Slo va kia Bu Cz lga ec ria h Re pu blic Slo ve nia Hu ng ar y Gr ee ce Au st ria Po lan d Se rb ia Ita ly Ro m an ia Cr oa tia
Serbia 1,15 Czech Republic Poland 9,60 Внос на газ от Русия по държави за 2013 г., bcm/y 7,20 Hungary 5,90 Austria 5,10 Greece 2,40
BULGARIA KEY FACTOR ON THE REGIONAL GAS MARKET
• •
The geographic location of Bulgaria defines it as a strategic partner Well designed national gas infrastructure
• •
Well balanced national transit system related with underground gas storage capacity Exploration of Oil and gas fields in the region
• •
Low domestic consumption - spare capacity for transit Transparent public procurement procedures and construction at fair prices
• •
Long and short term capacity Bulgaria will use gained European experience in the development of trading platforms
• •
Unified system for managing gas flows , previously agreed with the European gas partners Investment opportunities - estimated investment costs Euro 2.2 billion
NCG+ Gaspool PSV BAGA CEGH LNG CS Chiren Domestic Southern Gas Corridor
Central Europe 1 a 1 b Zajčer 42,6 bcm/y IBS, 1,8 bcm
CS
BULGARIA – GAS HUB
Oriahovo 42,6 bcm/y 21,1 bcm intermittennt 0 bcm Romania Domestic (Black Sea) 2 bcm/y 1,5 bcm
CS NV 2, 3
New UGS CS 2, 130 MW CS 1, 130 MW
CS NV 1
Bulgaria Domestic (Black Sea 2 bcm/y
CS V.Dol
3,3 bcm/y (Bulgaria)
CS P. Senovets CS Provadia VARNA GMS CS Lozenets
South Stream 63 bcm
GMS
BG Domestic (Black Sea, Future
CS Strandja
0,8 bcm/y
CS Petrich
20 bcm/y 3 bcm/y IGB, 3 bcm TAP LNG ITB, 3 bcm TANAP LNG
Necessary infrastructure on the territory of Bulgaria – preliminary estimate
Modernization of the existing infrastructure • Increase of the capacity of CS Strandja with 10 MW • Construction of Lozenets – Rupcha loop – 50 km.
• Construction of 20 кm. Gas pipelines • Modernization and expansion of the North semi-ring ~ 272 кm.
Construction of new infrastructure • ~ 844 кm. pipelines • 2 compressor stations with total installed capacity of 265MW (in the regions of the city of Levski and City of Provadia) • Construction of a receiving terminal Estimated investment costs • EUR 2 200 million – new infrastructure • EUR 140 million – Modernization and expansion of the Northern semi-ring Additional storage capacity • Chiren UGS expansion • Construction of new underground storage facility
GAS HUB – PILOT PROJECT FOR ENERGY UNION
• Key mechanism to improve security of gas supply to Europe - a key objective of the European Energy Union, enhancing the negotiating power of the EU and its economic partners vis-à-vis the external gas suppliers • Key project for the implementation of the Internal energy market - to overcome the energy dependence of the region of Southeast Europe, liberalization by creating a competitive gas market in compliance with EU legislation. Improving
trans-border grid.
• Gas infrastructure, securing the Member States with natural gas at a competitive price, energy-efficient, environmentally friendly energy source - improving energy efficiency. Energy Union should be designed to maximize the benefits of energy efficiency and managing demand.
• In addition to energy efficiency, gas infrastructure allows reducing emissions in comparison to production from coal
power plants alongside with this Bulgaria has achieved its targets for renewable energy sector.
• Modernization of the gas transmission network will allow the use of innovative new technologies, switching to automatic control mode and well balanced transmission system.