Informal Steering Committee on Caspian-Black Sea-Europe Green Energy Corridor was held within the 11th Ministerial Meeting of the Southern Gas Corridor Advisory Council and the 3rd Ministerial Meeting of the Green Energy Advisory Council in Baku.
At the meeting Azerbaijan was represented by Energy Minister Parviz Shahbazov, Georgia by Deputy Minister of Economy and Sustainable Development Vakhtang Tsintsadze, Romania by Minister of Energy Sebastian – Ioan Burduja, Hungary by State Secretary at the Ministry of Foreign Affairs and Trade Boglarka Illes, Bulgaria by Minister of Energy Zhecho Stankov. EU Commissioner for Energy and Housing Dan Jorgensen, Joint Venture (GECO Power Company), transmission system operators and CESI attended at the meeting.
After the meeting in Hungary last month, today`s meeting focused on the progress on Bulgaria's integration into the project, the fiber-optic component of the corridor, and the preparation of the necessary application for the project's inclusion in the EU's Ten-Year Network Development Plan (TYNDP). The possibilities of using European Union (EU) financial instruments were discussed. Creating Roadmap which reflects the phased development of the project for GECO Power Company was mentioned as one of the positive steps. “Caspian Energy Media” reports with reference to the Ministry of Energy.
